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A comment on Ireland jails three top bankers over 2008 banking meltdown. Parent comment

Re:Ireland jails three top bankers over 2008 banking meltdown by aianus on Saturday July 30, 2016 @11:08PM (#12195569)
Do the pension fund managers not have a fiduciary responsibility to actually investigate the mortgages in the CDO?

Could they not be prosecuted along those lines?

[ Parent | on HN ]
Re:Ireland jails three top bankers over 2008 banking meltdown by NeutronBoy on Saturday July 30, 2016 @11:44PM (#12195648)
No, that's the role of the ratings agency who rates the assets.
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