broad interpretation :
- n an interpretation of the U.S. constitution holding that the spirit of the times and the needs of the nation can legitimately influence judicial decisions (particularly decisions of the Supreme Court)
News & Articles
- Judge endorses use of fraud law against Bank of America
By Nate Raymond NEW YORK (Reuters) - A federal judge has endorsed a broad interpretation of a savings-and-loan era law that the Justice Department is trying to use in cases against Wall Street banks. U.S. District Judge Jed Rakoff in Manhattan said Monday that a "straightforward application of the plain words" of the Financial Institutional Reform, Recovery and Enforcement Act (FIRREA) allowed ...
Aug. 20, 2013 - Reuters via Yahoo! News
- Fraud law against American banks
A federal judge has endorsed a broad interpretation of a savings-and-loan era law.
Aug. 20, 2013 - CNBC