Ratings Agencies Lose Appeals
Appeals dismissed in lawsuit filed by CalPERS
Sept. 16, 2014
By DALE KASLER The Sacramento Bee – McClatchy-Tribune Information Services
California’s Supreme Court has cleared CalPERS to sue Wall Street’s leading ratings agencies over a series of disastrous investments that cost the pension fund more than $1 billion.
This wire news service story is no longer available.
However a copy might still be available at www.sacbee.com