Back to Search Start Over

Cuomo Vies for More Auction-Rate Pacts.

Authors :
RAPPAPORT, LIZ
SMITH, RANDALL
Source :
Wall Street Journal - Eastern Edition. 8/21/2008, Vol. 252 Issue 44, pC3. 0p. 1 Black and White Photograph.
Publication Year :
2008

Abstract

The article reports on the probe by New York Attorney Andrew Cuomo against Bank of America Corp., Goldman Sachs Group Inc. and Deutsche Bank AG, which underwrote and sold auction-rate securities. Cuomo's office also cast doubt on protests from brokers which asserted that they were unaware of the market's problems and should not be forced to buy back securities from their clients. The investigation comes after large banks settled with his office and other state regulators.

Details

Language :
English
ISSN :
00999660
Volume :
252
Issue :
44
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
34041534