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Attorney General Blumenthal Sues Credit Rating Agencies For Illegally Giving Municipalities Lower Ratings, Costing Taxpayers Millions
July 30, 2008
Attorney General Richard Blumenthal today, joined by mayors and first selectmen from across the state, sued the three national credit rating agencies for allegedly giving municipalities artificially low credit ratings, costing taxpayers millions of dollars in unnecessary bond insurance and higher interest rates. Full Article
