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Tuesday, August 21, 2012

Moody s, S&P Must Face Fraud Claims in Subprime Suit - Syndication Content Article - American Banker

Moody s, S&P Must Face Fraud Claims in Subprime Suit - Syndication Content Article - American Banker

 Moody's Corp. and Standard & Poor's lost a bid for dismissal of fraud claims in a suit by investors claiming the companies falsely assigned inflated ratings to notes sold by Morgan Stanley that were backed by subprime mortgages.

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