You know why this is a bunch of bull… Because of Holder and Breuer’s Covington & Burling, yes the same firm that represented MERSCORP & the BANKS also represented Moody’s. It’s a rush to obtain what info may come out in the fraud.
Just like the robo-signing scandal. AND we all saw what all went down with the banks and their massive fraud.
NADA.
Reuters-
* Federal, state actions contemplated against Moody’s
* Connecticut case against Moody’s proceeding to trial
* Lawyers say stronger paper trail exists against S&P
By Aruna Viswanatha and Luciana Lopez
Feb 7 (Reuters) – The U.S. Justice Department and multiple states are discussing also suing Moody’s Corp for defrauding investors, according to people familiar with the matter, but any such move will likely wait until a similar lawsuit against rival Standard and Poor’s is tested in the courts.
Inquiries into Moody’s are in the early stages, largely because state and federal authorities have dedicated more resources to the S&P lawsuit, said the sources, who were not authorized to speak publicly about enforcement discussions.
[REUTERS]
photograph: Jason Reed/Reuters
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