Relevant:
- Brown Launches Investigation into Credit Rating Agencies' Role in Fueling Financial Crisis
- New York AG Eric Schneiderman Probing S&P, Moody's, Fitch Over Mortgage Bond Ratings
- Attorney General of N.Y. Is Said to Face Pressure on Bank Foreclosure Deal
- Another Wave of Bad News For CDOs – The Rating Agencies Are Downgrading
- Federal Reserve Bank of NY: Ratings Agencies Rubber Stamped Mortgage Backed Securities
2008-06-03 — nytimes.com
Under fire for the high ratings they awarded to subprime mortgage securities, three large credit rating firms are close to announcing a broad deal with the New York attorney general to reform some of their business practices, according to people briefed on the investigation.
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