Sunday, November 22nd, 2009

Posts Tagged ‘ Sec Chairman ’

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.