US DoJ accuses S&P of $5bn fraud – Financial Times
 ABC News |
US DoJ accuses S&P of $ 5bn fraud
Financial Times Standard & Poor's has been accused by the US justice department of defrauding investors in mortgage-related securities out of at least $ 5bn by issuing inflated ratings to win hundreds of millions of dollars in fees. Shares in McGraw-Hill, the credit rating … US v. S&P: The rating game US accuses S&P of inflating ratings to satisfy banks US: Standard & Poor's misled investors |
