US Accuses S.&P. of Fraud in Suit on Loan Bundles – New York Times
 New York Times |
US Accuses S.&P. of Fraud in Suit on Loan Bundles
New York Times The Justice Department late Monday filed civil fraud charges against the nation's largest credit-ratings agency, Standard & Poor's, accusing the firm of inflating the ratings of mortgage investments and setting them up for a crash when the financial crisis struck. US Sues S&P Over Ratings UPDATE 4-US launches civil action against S&P over pre-crisis ratings Justice Department sues S&P over mortgage bond ratings |
