2012-08-21 — americanbanker.com
``The judge said the investors have offered sufficient evidence for a jury to consider whether the ratings were misleading when they were issued. She cited instant messages between two S&P analysts after the Cheyne investment had been issued. The judge said it would be up to a jury to decide whether the messages are discussing Cheyne.
"That deal is ridiculous," one analyst said, adding "We should not be rating it."''
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