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By Paula Dwyer, Bloomberg |
November 15, 2013
At a meeting of New York City securities lawyers this week, Jed Rakoff did what he does best: challenge Establishment Thinking. "While the economy has slowly improved, there are still millions of Americans leading lives of quiet desperation -- without jobs, without resources, without hope." Then he asked: Who is...
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By Abigail Moses |
April 22, 2013
Investors are reviving credit derivatives trades they used to boost returns before the financial crisis.
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By Michael McFarlin |
February 21, 2013
A couple of weeks ago, Standard & Poor's was sued by the U.S. government and a number of state governments for allegedly inflating credit ratings. Once again, Stephen Colbert brings his unique take on the S&P lawsuit.
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By Phil Mattingly and Edvard Pettersson, Bloomberg |
February 5, 2013
The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings that were central to the worst financial crisis since the Great Depression.
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By Edvard Pettersson, Bloomberg |
February 5, 2013
McGraw-Hill Cos. and its Standard & Poor’s unit were sued by the U.S. over claims S&P knowingly understated the credit risks of bonds and derivatives that were central to the worst financial crisis since the Great Depression.
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By Phil Mattingly and Matt Robinson, Bloomberg |
February 4, 2013
The U.S. Justice Department intends to file a civil lawsuit against Standard & Poor’s based on ratings in 2007 of certain collateralized debt obligations, the company said today.
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By Press Release |
November 20, 2012
New York Attorney General Eric T. Schneiderman today filed a Martin Act complaint against Credit Suisse Securities (USA) LLC and its affiliates for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage-backed securities
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By Press Release |
September 14, 2012
Speaking at the American Banker Regulatory Symposium, Under Secretary for Domestic Finance Mary Miller reflected on what the country experienced as it went through the 2008 financial crisis and how it is emerging from it now.
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By Alanna Byrne, Daniel P. Collins |
August 27, 2012
As we approach the four-year anniversary of Lehman Brothers’ collapse, the current administration has done little to reduce the systemic risk inherent in our financial system.
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By Daniel P. Collins |
November 1, 2011
Dodd-Frank appears to be missing its target
