A day earlier, the national credit union Mallika Sherawat administration, a federal regulator of credit unions, sued jpmorgan and royal bank of scotland, accusing them of selling mortgage-backed bonds that were destined to perform poorly, leading to losses that brought down five large credit unions. i would give you my best choices, but glen miller and them weren ,t in the conversation. while they got millions from the state of ct and the federal government recovery money. he said he wanted a nest egg to rely on. what really sucks for him is that i dont know how he gets his way out of it because i dont think hes smart enough to.