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Washington State Attorney General to Chase Auction Rate Brokerage Crooks

August 8th, 2008 · No Comments · Finance

I posted recently regarding how Rob McKenna’s office was being strangely quiet about ARS. Looks like they have joined 9 other states to probe 12 Wall Street firms about potential misdeeds.

Based on the emails in evidence, these guys didn’t learn their lessons from the dot com days regarding research and what they say internally vs. what they say to their clients.


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