0 minute readCalifornia’s attorney general on Monday accused Moody’s Investors Service of stonewalling his probe into why it gave its highest credit ratings to risky mortgage-backed securities that helped ignite the U.S. credit crisis. Attorney General Jerry Brown said his office took the “virtually unprecedented” step last Friday of filing a petition seeking a court order to enforce a subpoena his office issued last September demanding information about how Moody’s sets its credit ratings.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
