Hedge fund, Perry Capital, lost a bid to sue the U.S. government over its snagging of billions of dollars in profits generated in the wake
Tag: mortgage crisis
Moody’s to Pay $864 Million for Inflating Ratings
Rating agency Moody’s Corp. agreed Friday to pay $864 million to 22 states and the federal government for inflating its ratings on residential mortgage-backed securities,
Judge Approves Vallejo Bankrupty Reorg
Vallejo, California won approval of its plan to exit bankruptcy from a Sacramento bankruptcy judge this week, both the BondBuyer (paywall) and Bloomberg News report. Vallejo
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