The four “deny that the offering documents referenced contained material misstatements of fact or omissions of material facts,” according to the answer jointly filed by the Bear Stearns companies and the individual defendants from Bear. Two other mortgage division leaders, Mary Haggerty and Baron Silverstein, were not named defendants in the lawsuit. AMBAC Assurance Corp., a … Continue reading Mortgage Fraud: Former Bear Stearns Mortgage Executives Have Plum Jobs on Wall Street