Eight banks face U.S. government investigations, including the problem of rating mortgage products (mortgage) to them. Andrew Cuomo, an attorney in New York are investigating whether there is a possibility mjanipulasi between banks and credit rating agencies to get a better rating securities. Banks are investigated include Goldman Sachs and Morgan Stanley. One cause of the crisis is due to bad U.S. mortgages.
The lawyer has requested information from the eight banks, as well as the three major rating agencies - Standard & Poor's, Moody's and Fitch Ratings. Other institutions that were investigated by Cuomo is UBS, Citigroup, Credit Suisse, Deutsche Bank, Credit Agricole dams Merrill Lynch - now part of Bank of America. Investigations conducted after the Senate decided to tighten credit rules, which allegedly is one of the main causes of one of the financial crisis that occurred. Senators argued that these agencies have allowed the bank - a bank to sell high-risk financial products to low rating.
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