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Tag: finance

Calif. Joins Lawsuits Against Standard & Poor’s Over Mortgage Crisis

February 5, 2013 | 11:47 am

Calif. Joins Lawsuits Against Standard & Poor’s Over Mortgage Crisis

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California Attorney General Kamala Harris on Tuesday joined the U.S. Justice Department and 12 other states in suing Standard & Poor’s credit rating agency for allegedly inflating its ratings of mortgage-backed securities. The suit claims that S&P’s inaccurate ratings caused California’s public pension funds and other investors to lose billions of dollars. “They misrepresented their […]

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June 22, 2012 | 10:06 am

AP: Google Board Approve Unusual Stock Split

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By The Associated Press WISH GRANTED: Google shareholders approved an unusual stock split that CEO Larry Page wanted to ensure that he and the company’s other co-founder, Sergey Brin, retain most of the voting power at the Internet search player. The split will create a new class of non-voting stock. SURPRISE ABSENCE: Approval had been […]

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