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UBS Team Hid Tanking FICO Scores From S&P, Judge Hears

By Pete Brush (April 19, 2016, 6:44 PM EDT) -- A former UBS trader grudgingly admitted Tuesday that he told a colleague to keep data about falling homebuyer credit scores away from ratings agency Standard & Poor's in 2007 in an effort to close a mortgage bundle, as trustee U.S. Bank seeks to hold the Swiss megabank liable at trial for building shoddy trusts that cost investors $2 billion....

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