Wednesday, December 09, 2009
SEC targets rating agencies' role in meltdown
The Securities and Exchange Commission's enforcement chief says his staff is targeting Wall Street rating agencies and their role in the financial meltdown... The three dominant agencies -- Moody's Investors Service, Standard & Poor's and Fitch Ratings -- have been widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities, whose collapse touched off the financial crisis... Yahoo! Finance: SEC targets rating agencies' role in meltdown
Permalink posted by markw @ 1:49 PM 
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