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04/12/08
Credit raters under scrutiny for links to mortgage crisis
Filed under: General, Mortgages
Posted by: Lillian Wong @ 11:52 am

WASHINGTON - U.S. regulators should bar Moody’s Investors Service and Standard & Poor’s from rating mortgages packaged and sold as securities if the companies can’t prove they’ve adequately reviewed the risk of fraud or default related to the underlying loans, a consumer group said.  more…

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