Credit Ratings Accused Of Reaping Profits As Regulators Fail
Bloomberg News:
Ron Grassi says he thought he had retired five years ago after a 35-year career as a trial lawyer.
Now Grassi, 68, has set up a war room in his Tahoe City, California, home to single-handedly take on Standard & Poor's, Moody's Investors Service and Fitch Ratings. He's sued the three credit rating firms for negligence, fraud and deceit.








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| 04/30/09 08:44 PM