Industry Summits

Summit Notebook

Exclusive outtakes from industry leaders

February 19th, 2008

Ratings agencies can’t hide behind 1st Amendment-lawyer

Posted by: Zieminski Nick
Tags: Real Estate, Summit

Ratings agencies sued over their role in the the subprime mortgage crisis won’t be able to hide behind free speech protections guaranteed by the U.S. Constitution, because they played an active role in structuring loan assets, attorney Salvatore Graziano told the Reuters Housing Sumit on Tuesday.

Post a comment |

Post Your Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

House Rules:
  • We moderate all comments and will publish everything that advances the post directly or with relevant tangential
  • We try not to publish comments that we think are offensive or appear to pass you off as another person, and we will be conservative if comments may be considered libelous.information.