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Reuters: New York probing credit-default swap market: source

Started by chris, September 27, 2008, 07:00:45 PM

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chris

New York probing credit-default swap market: source
      


NEW YORK (Reuters) - New York Attorney General Andrew Cuomo, who last week began investigating short-selling abuses in the stock market, is now taking a hard look at whether credit-default swaps are being used to push down share prices, a person familiar with the probe told Reuters Friday.
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