Friday, July 6, 2007

Ohio atty gen probes rating agencies' subprime role

(Reuters) - She pointed to a recent presentation by Joshua Rosner, a
managing director at investment research firm Graham Fisher &
Co., that tied a misapplication of agency ratings to many of
the problems in mortgage-backed securities and collateralized
debt obligations.




Brindisi said of particular interest was the assertion the
rating agencies may have a role in creating these securities.


Read more at Reuters.com Bonds News

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