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Mon Feb 4, 2013, 03:24 PM

U.S. to Sue Standard & Poor's Over Mortgage Bond Ratings [View all]

Source: Reuters

U.S. to sue S&P over mortgage bond ratings

Mon Feb 4, 2013 2:34pm EST

WASHINGTON, Feb 4 (Reuters) - The U.S. Justice Department plans to sue Standard & Poor's over its ratings in 2007 of some mortgage bond deals, the ratings agency said on Monday.

The unit of McGraw-Hill Cos Inc said the lawsuit "would be entirely without factual or legal merit."

Read more: http://www.reuters.com/article/idUSL1N0B49LR20130204

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Reply U.S. to Sue Standard & Poor's Over Mortgage Bond Ratings [View all]
Hissyspit Feb 2013 OP
BadGimp Feb 2013 #1
Sherman A1 Feb 2013 #2
JDPriestly Feb 2013 #5
tk2kewl Feb 2013 #6
Spitfire of ATJ Feb 2013 #3
dipsydoodle Feb 2013 #4
SunSeeker Feb 2013 #7
JackRiddler Feb 2013 #8