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: Securities Law Prof Blog

Connecticut AG Sues Moody's and S&P, Alleging Tainted Credit Ratings for Risky Investments

By Securites Lawprof

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Connecticut Attorney General Richard Blumenthal today sued Moody?s and Standard & Poor?s, alleging that they knowingly assigned tainted credit ratings to risky investments backed by sub-prime loans. The lawsuits are sovereign enforcement actions brought under the Connecticut Unfair Trade Practices...

Full post as published by Securities Law Prof Blog on March 10, 2010 (boomark / email).

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