S&P says underestimated extent of mortgage fraud (Reuters via Yahoo! Malaysia News)
Story date: 2007-10-09 12:11:39
Added on: 2007-10-09 14:00:15
MUMBAI, Oct 9 - The chief economist of Standard and Poor's said on Tuesday that the ratings agency had underestimated the extent of fraud in the U.S. mortgage industry.
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