"Civil Rights" Complaint Targets Wall Street Rating Firms, page 1
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Topic started on 3-12-2008 @ 02:02 PM by Chaoticar

"Civil Rights" Complaint Targets Wall Street Rating Firms


www.latimes.com
In what is apparently 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 rating firms, charging that their inflated ratings on subprime mortgage bonds disproportionately caused financial harm to African American and Latino home buyers across the country.
(visit the link for the full news article)



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