sossij Posted May 14, 2010 Share Posted May 14, 2010 Eight banks face US investigationEight banks are facing a US investigation into the rating of their mortgage products, the BBC understands. New York Attorney General Andrew Cuomo is looking at whether the relationship between the banks and credit rating agencies was manipulated to gain a better ratings for risky securities. The banks under investigation are believed to include Goldman Sachs and Morgan Stanley. " http://news.bbc.co.uk/1/hi/business/10115471.stm Shreddy, shreddy.... Quote Link to comment Share on other sites More sharing options...
sossij Posted May 14, 2010 Author Share Posted May 14, 2010 Eight banks face US investigationEight banks are facing a US investigation into the rating of their mortgage products, the BBC understands. New York Attorney General Andrew Cuomo is looking at whether the relationship between the banks and credit rating agencies was manipulated to gain a better ratings for risky securities. The banks under investigation are believed to include Goldman Sachs and Morgan Stanley. " http://news.bbc.co.uk/1/hi/business/10115471.stm Shreddy, shreddy.... Quote Link to comment Share on other sites More sharing options...
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