Blumenthal Sues: Moody's, Standard & Poor's Accused Of Misleading Investors Connecticut "Attorney General Richard Blumenthal sued two of the nation's most prominent credit rating agencies Wednesday, alleging they misled investors about the soundness of certain types of investments and unfairly reaped hundreds of millions of dollars in revenues. Unlike other recent lawsuits against credit rating agencies — including one Blumenthal filed last July — these attempt to enforce state consumer protection laws, rather than to recoup losses for specific investors."
Blumenthal is running for US Senate (Chris Dodd's current seat). Apparently he as some competition, Blumenthal declines 2nd debate with Alpert.
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