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Bear Fund Liquidators Again Target S&P, Others Over RMBS

By Stewart Bishop ( January 19, 2017, 9:19 PM EST) -- Liquidators for two Bear Stearns & Co. Inc. feeder funds on Thursday asked a New York state appeals court to revive their fraud suit accusing the big three credit rating agencies of lying about the creditworthiness of debt obligations backed by subprime mortgages, saying it was wrongly dismissed on timeliness and standing grounds....

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