California Public Pension System, Moody’s Agree on $130 Million Settlement for Failed Mortgage Deals
Retuers, Mar. 10, 2016–Mukherjee, Aurindom
California’s public pension system, Calpers, said it reached a $130 million settlement with Moody’s and Moody’s Investors’ Service to resolve a case involving inflated grades of residential mortgage deals that later faltered.
