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Rule 151A After the American Equity Decision:  Not Only Isn’t It Dead; It Wasn’t Even Needed

Rule 151A After the American Equity Decision: Not Only Isn’t It Dead; It Wasn’t Even Needed

by John L. Olsen

Tue, Aug 04, 2009

Few who have written about this case seem to have noticed that the SEC didn't really need Rule 151A at all!

CalPERS Gives Rating Agencies an FFF

CalPERS Gives Rating Agencies an FFF

by Kerry Pechter

Wed, Jul 22, 2009

In a new lawsuit, California's state pension fund blames the 'issuer pay system' at the top three rating agencies for part of its investment losses last year.