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Moody's Cost US Billions, Says Ex-Analyst's FCA Suit

By Brandon Lowrey ( August 22, 2014, 10:28 PM EDT) -- A former Moody's Corp. analyst accused the credit rating firm of giving false ratings to toxic mortgage-backed securities in the lead-up to the 2008 financial crisis, costing the government billions of dollars, in a massive False Claims Act complaint unsealed Friday after the government declined to intervene....

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