Interior probes coal sales to Asia for possible royalty gaps
The Department of Interior reviews coal exports to Asia amid concerns royalties may be miscalculated. No violations reported yet as audits and a joint task force scrutinize western miners using affiliates to move coal overseas. Sen. Wyden and Sen. Murkowski press for answers as investigations continue.
MENTIONED IN THIS ARTICLE
Billings
Mont
Department of Interior
Asia
U.S
Ken Salazar
Cor Inspector General
Salazar
Oregon
Ron Wyden
Alaska
Lisa Murkowski
NY Attorney General reviews ratings agencies compliance
New York Attorney General Eric Schneiderman has begun examining Moody's Investors Service Standard & Poor's and Fitch Inc adherence to Cuomo era agreements ending a mortgage backed securities probe. The 42 month accords required disclosure of due diligence and rating criteria and up front payments to deter banks from buying favorable ratings. Subpoenas were issued to S P Moody's and Fitch as the agencies said they were not rating new mortgage backed securities.
MENTIONED IN THIS ARTICLE
Albany
New York
Eric Schneiderman
Andrew Cuomo
Moody's Investors Service
Standard & Poor's
Fitch Inc
Xpires
S&p
Moody's and
Fitch
Cuomo
Oil slips below 96 after early rise on markets
Oil prices fell to 95.72 a barrel on the Nymex after peaking at 96.57 as marching markets reversed a morning gain. Gas prices rose to 3.57 a gallon, up from a month ago and year ago levels.
MENTIONED IN THIS ARTICLE
New York
New York Mercantile Exchange
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Richland Ave
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