Friday, July 17, 2009

 

Giant Pension Calpers Sues Moody's, S&P, Fitch Over Securities Ratings

Calpers, the biggest U.S. public pension fund, has sued the three largest credit rating agencies for giving perfect grades to securities that later suffered huge subprime mortgage losses...

Insurance Journal: Giant Pension Calpers Sues Moody's, S&P, Fitch Over Securities Ratings

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