sossij Posted May 14, 2010 Report 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 post Share on other sites
sossij Posted May 14, 2010 Author Report 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 post Share on other sites
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