Wednesday, December 03rd, 2008

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Posts Tagged ‘ Christopher Cox ’

SEC Probes Phony Bond Credit Ratings

Jul 9th, 2008 | By Contrarian Profits | Category: Financial News, Stock Market Investing

From Bloomberg:

A U.S. Securities and Exchange Commission investigation into credit-rating companies found the firms improperly managed conflicts of interest and violated internal procedures in granting top rankings to mortgage bonds.