Monday, April 29, 2013

FOXBusiness.com: Settlement cost for Moody's, S&P, Morgan Stanley is $225 million: WSJ

FOXBusiness.com
FOX Business Network - The Power to Prosper
thumbnail Settlement cost for Moody's, S&P, Morgan Stanley is $225 million: WSJ
Apr 29th 2013, 22:45

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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