Navigation

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

(yahoo.com)

2010-03-12

``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.''

original article | permalink to this