The office of California Treasurer Bill Lockyer Monday night said it has provided information on the practices of credit rating agencies to state Attorney General Jerry Brown, whose office is currently investigating how the agencies rated the debt of the state and other related issuers.

"We have provided the attorney general's office information regarding the rating agencies' practices," treasurer's spokesman Tom Dresslar said. "That information includes how the system works, why we think it's unfair to taxpayers ,and how it drains money from taxpayers' pockets."

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