Friday, June 13, 2008

SEC on CPDO rating errors

(FT Alphaville) Chairman Christopher Cox of the SEC responds to Senator Charles Schumer’s call for Moody’s to be fined in the wake of the FT’s investigation into the rating of CPDOs.

Schumer sits on the Senate’s powerful banking, housing and urban affairs committee as well as the finance committee.

Cox letter to Schumer SEC moodys cpdo

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