Ohio AG Sues Credit Agencies for Public Pensions

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The Iron Web Larken Rose The United States is fast losing its reputation as the land of happiness an

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News Link • Economy - Economics USA Ohio AG Sues Credit Agencies for Public Pensions 11-20-2009 • AP The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday. Ohio is the second state whose public pension funds have pursued credit rating agencies, after the California Public Employees' Retirement System sued the agencies in July alleging they caused it more than $1 billion in losses. Read Full Story
Reported by Powell Gammill

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Liberty News Radio Declare Your Independence Ernest Hancock

he Iron Web Larken Rose The United States is fast losing its reputation as the land of happiness and

he Iron Web Larken Rose The United States is fast losing its reputation as the land of happiness and

he Iron Web Larken Rose The United States is fast losing its reputation as the land of happiness and

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