Monday, May 21, 2012
Lawsuit Paints Loan Crisis In Black, White and Brown
In what appears to be the first legal action of its kind, an association of community-based organizations has filed a federal civil rights complaint against two of the three largest Wall Street ratings agencies, charging that their inflated ratings on subprime mortgage bonds disproportionately ca…
Read the whole story here: Lawsuit Paints Loan Crisis In Black, White and Brown
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