Thursday, May 13, 2010

Cuomo Is Said to Question Banks’ Influence on Ratings - NYTimes.com

Cuomo Is Said to Question Banks’ Influence on Ratings - NYTimes.com:
"The New York attorney general has started an investigation of eight banks to determine whether they provided misleading information to rating agencies in order to inflate the grades of certain mortgage securities, according to two people with knowledge of the investigation.

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