Securities
Apr. 21, 2010
A.G.: Moody's Is 'Stonewalling'
California Attorney General Jerry Brown lashed out at Moody's Investors Service on Monday for refusing to cooperate in a probe of how credit rating agencies valued of mortgage-backed securities issued by Countrywide Financial.
Daily Journal Staff Writer
LOS ANGELES - California Attorney General Jerry Brown lashed out at Moody's Investors Service on Monday, accusing the firm of refusing to cooperate in a probe of how credit rating agencies valued mortgage-backed securities issued by Countrywide Financial.
In a petition filed in Los Angeles County Superior Court, Brown accuses Moody's of calling it a "waste of time" ...
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