AmBase Reports Senior Judge Smith Denies the Department of Justice's Motion to Reconsider

GREENWICH, Conn., Oct. 31, 2011 /PRNewswire/ -- On October 31, 2011, Senior Judge Loren A. Smith denied the Department of Justice's Motion to Reconsider and has clarified its opinion as follows: "The Court hereby DENIES Defendant's Motion to Reconsider. The Court, however, clarifies its opinion on page 29 Section "f. Mitigation" as follows: f. Mitigation The Government has also suggested that Carteret was at all times shielded from the effects of the breach because it fully mitigated shortly af...continued ABCP  Financial

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