Conn. AG sues Moody's, S&P over ratings

Quick search

Events

There are no announcements for events at this time

New members

Munish Kumar
Physician

Ingrid Kirchmaier

Michael Fouraker

News

Conn. AG sues Moody's, S&P over ratings (3/10/2010)

Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the pair issued on risky investments.In a civil lawsuit filed Wednesday, Attorney General Richard Blumenthal alleged Moody's and S&P knowingly assigned false ratings to complex investments that pushed the country into recession.The suit, which Mr. Blumenthal called the first of its kind against ratings agencies, is being brought under Connecticut's unfair trade practices law. The attorney general is

Source:	Crains
Full post can be read on:	http://www.crainsny.com/
Homepage:	http://www.crainsny.com/

Last read by

Not read by anyone