Getting your player ready...
WASHINGTON — A Senate panel investigating the causes of the financial crisis Thursday unveiled evidence that credit- ratings agencies knowingly gave inflated ratings to complex deals backed by shaky U.S. mortgages in exchange for lucrative fees.
The Senate Permanent Subcommittee on Investigations will hold a detailed hearing today to introduce e-mail records in which executives from Standard & Poor’s and Moody’s Investors Service acknowledge compromising the integrity of ratings to win business.
Denver Post staff and wire reports
