Monday, 29 April 2013

Reuters: Business News: Settlement cost for Moody's, S&P, Morgan Stanley is $225 million: WSJ

Reuters: Business News
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Settlement cost for Moody's, S&P, Morgan Stanley is $225 million: WSJ
Apr 29th 2013, 22:45

(Reuters) - Morgan Stanley and two ratings agencies have agreed to pay about $225 million to settle lawsuits claiming they concealed risks in two mortgage-related deals that collapsed during the financial crisis, the Wall Street Journal reported on Monday.

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