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Loan Modification

: Mortgage Lender Implode-o-Meter

Connecticut AG sues Moody's, S&P over debt ratings

By Implode-Explode Heavy Industries

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``Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the agencies issued on risky investments. In the 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.''

Full post as published by Mortgage Lender Implode-o-Meter on March 12, 2010 (boomark / email).

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