Germans now after Wall Street banks over mortgages The litigation may contribute to about $25 billion in further costs for banks to resolve claims on bonds not backed by the government, Compass Point Research and Trading estimates. German investors' appetite for higher-yielding debt helped fuel the bubble that triggered the global credit crisis, forcing German taxpayers to spend more than $406 billion to shore up the country's biggest banks, which are now in varying stages of repaying the funds. S&P falloutThe global marketing and sales of subprime mortgage bonds centered on Wall Street ... Read More