Relevant:
- Following JPMorgan, Dutch Pension ABP Sues Credit Suisse Over Mortgage-Backed Securities
- Rejoice: Hedge Fund Uses CDO Magic to Transform Fannie Mae Junk Debt
- Fools and Their Money: Value-Destroying CDO Managers Raising Distressed Mortgage Funds
- Junk bonds get even junkier
- UBS Has Credit Rating Cut as Fitch Says More Than a Dozen Banks May Follow
2010-05-14 — businessweek.com
"Standard & Poor’s cut to junk the ratings on certain securities, backed by U.S. mortgage bonds, that it granted AAA grades when they were created last year by Credit Suisse Group, Jefferies Group Inc. and Royal Bank of Scotland Group Plc."
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