Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Regulatory

CalPERS and Moody's settle for $130 million

The California Public Employees' Retirement System (CalPERS) has settled with Moody's for a record US$130 million for its erroneous ratings of structured investment vehicles prior to the Global Financial Crisis.

Upgrade your subscription to access this article

And gain access to:
  • All website content, including archived news
  • Home page news customisation
  • Tech Zone, your technical resource library
And more
Already A Subscriber?

Read more: US,  Moody,  California Public Employees,  Global Financial Crisis,  Retirement System,  General Counsel for CalPERS,  Matthew Jacobs,  Collateralised Debt,  Poor,  S&P,  Standard,  subprime Residential Mortgage-Backed Securitie