Thursday, May 13, 2010

Kudos to New York attorney general Cuomo for opening up this new investigation against Wall Street fat cats...
Prosecutors Ask if 8 Banks Duped Rating Agencies: "This investigation expands the scope of scrutiny to the interplay between banks and the agencies that rate their securities. Those targets are Goldman Sachs, Morgan Stanley, UBS, Citigroup, Credit Suisse, Deutsche Bank, Crédit Agricole and Merrill Lynch, which is now owned by Bank of America.

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