ABN AMRO has defended the integrity of Standard & Poor's from criticism in a Federal Court case that the ratings agency was not up to the task of properly rating the bank's ''breakthrough'' new synthetic financial instrument. Counsel for the bank, ... S&P defence 'utterly fanciful'
Thursday, October 6, 2011
S&P defence 'utterly fanciful'
ABN AMRO has defended the integrity of Standard & Poor's from criticism in a Federal Court case that the ratings agency was not up to the task of properly rating the bank's ''breakthrough'' new synthetic financial instrument. Counsel for the bank, ... S&P defence 'utterly fanciful'
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