Ratings Agencies to Face Grilling on Goldman


A Senate report Thursday said the agencies that rate investments deserve some of the blame for the financial meltdown.

According to that report, those agencies helped banks disguise the risks of the investments they marketed, selling high-risk securities with low-risk labels.

Fallout from the Securities and Exchange Commission's fraud case against Goldman Sachs=6402717> is now drifting in the direction of the credit rating agencies that blessed the controversial deal,

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