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S&P Seeks Dismissal Of WesCorp, Eastern Financial CDOs Suit

APR 22, 2013 5:48pm ET

LOS ANGELES – Standard & Poor’s called on a federal court here yesterday to dismiss a $5 billion civil suit brought by the U.S. Justice Department claiming the Wall Street rating agency ignored its own standards rating risky investments sold to, among others, WesCorp FCU and Eastern Financial Florida CU,...

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