S&P Close To $1 Billion MBS Ratings SettlementMani
Standard & Poor’s is said to be negotiating with the Justice Department to settle the inflated credit ratings to mortgage investments that spurred the financial crisis.
S&P is the only credit rater sued by the Justice Department’s RMBS working group.
DOJ sued S&P
As reported by ValueWalk, Standard and Poor’s Ratings Services said it faced a exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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