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Lawmaker seeks group liability for rating agencies (AP)

AP - A key House lawmaker wants to make credit rating agencies ? widely criticized for failing to give investors adequate warning of the risks in subprime mortgage securities that triggered the financial crisis ? collectively liable for inaccuracies.

This entry was posted on Wednesday, September 30th, 2009 at 9:58 pm and is filed under Business, Market News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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