Someone cooked the books?
Aug. 6th, 2011 01:41 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
nairiporterItalian authorities raid Milan offices of S&P, Moody’s
http://www.allheadlinenews.com/articles/90056267?Italian%20authorities%20raid%20Milan%20offices%20of%20S%26P%2C%20Moody%26%23146%3Bs
Italian authorities seized documents from the Milan offices of ratings agencies Standard & Poor’s and Moody’s Investors Service on Thursday. The seizure was part of an investigation that the two agencies were allegedly engaged in dubious movements in domestic share prices.
...
S&P and Moody’s said the probe has no basis. The raid is seen as the eurozone government’s way of getting back at ratings agencies, which recently downgraded the credit rating of Greece, Portugal and Ireland.
http://www.allheadlinenews.com/articles/90056267?Italian%20authorities%20raid%20Milan%20offices%20of%20S%26P%2C%20Moody%26%23146%3Bs
Italian authorities seized documents from the Milan offices of ratings agencies Standard & Poor’s and Moody’s Investors Service on Thursday. The seizure was part of an investigation that the two agencies were allegedly engaged in dubious movements in domestic share prices.
...
S&P and Moody’s said the probe has no basis. The raid is seen as the eurozone government’s way of getting back at ratings agencies, which recently downgraded the credit rating of Greece, Portugal and Ireland.
