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View Full Version : Fraud, Fait and facts: New ruling is bad news for rating agencies - Thomson Reuters N



FraudNews
08-20-2012, 10:53 PM
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH-akjC-T7ZZjJS3NcDbV2HaHrLEwamp;url=http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id%3D55111%26terms%3D%2540ReutersTop icCodes%2BCONTAINS%2B#39;ANV#39;img src=//nt1.ggpht.com/news/tbn/OYnET5Vg-bORlM/0.jpg alt= border=1 width=80 height=52 /br /font size=-2Thomson Reuters News Insight/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH-akjC-T7ZZjJS3NcDbV2HaHrLEwamp;url=http://newsandinsight.thomsonreuters.com/Legal/News/ViewNews.aspx?id%3D55111%26terms%3D%2540ReutersTop icCodes%2BCONTAINS%2B#39;ANV#39;bbFraud/b, Fait and facts: New ruling is bad news for rating agencies/b/abr /font size=-1bfont color=#6f6f6fThomson Reuters News Insight/font/b/fontbr /font size=-1Federal judges presiding over securities cases against the credit rating agencies have reached a consensus in the last few years: Ratings are opinions. That view has saved Standard amp; Poor#39;s, Moody#39;s and Fitch from a world of trouble, since their b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGv3pzLYUoyxca0jF-Bo2KdqUNyJgamp;url=http://dealbreaker.com/2012/08/sp-has-a-perfectly-good-explanation-for-rating-deals-structured-by-cows-which-a-lucky-federal-jury-will-get-to-hear/Samp;P Has A Perfectly Good Explanation For Rating Deals quot;Structured By Cows b.../b/afont size=-1 color=#6f6f6fnobrDealBreaker/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d1EGI9dtdQyfETMZKUsm F--5BPzEMnobrball 5 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

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