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Moody's Corp (MCO)

MCO on New York Consolidated

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23 Mar 2017
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Fri, Jan 13 2017

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Moody's pays $864 million to U.S., states over pre-crisis ratings

NEW YORK Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday.

UPDATE 1-Moody's pays $864 million to U.S., states over pre-crisis ratings

NEW YORK, Jan 13 Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday.

BRIEF-Petrobras says Moodys upgrade reflects improved risk perception

* Petrobras Strategy Director Nelson Silva says Moodys upgrade reflects improving risk perception about the Brazilian oil producer

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