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By Michael McFarlin |
February 21, 2013
A couple of weeks ago, Standard & Poor's was sued by the U.S. government and a number of state governments for allegedly inflating credit ratings. Once again, Stephen Colbert brings his unique take on the S&P lawsuit.
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By Phil Mattingly and Edvard Pettersson, Bloomberg |
February 5, 2013
The U.S. is seeking as much as $5 billion in penalties from McGraw-Hill Cos. and its Standard & Poor’s unit as punishment for inflated credit ratings that were central to the worst financial crisis since the Great Depression.
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By Edvard Pettersson, Bloomberg |
February 5, 2013
McGraw-Hill Cos. and its Standard & Poor’s unit were sued by the U.S. over claims S&P knowingly understated the credit risks of bonds and derivatives that were central to the worst financial crisis since the Great Depression.
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By Phil Mattingly and Matt Robinson, Bloomberg |
February 4, 2013
The U.S. Justice Department intends to file a civil lawsuit against Standard & Poor’s based on ratings in 2007 of certain collateralized debt obligations, the company said today.
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By Phil Mattingly, Bloomberg |
August 10, 2012
The U.S. Justice Department won’t pursue criminal charges against Goldman Sachs Group Inc. or its employees for allegedly concealing that the bank bet against mortgage-related securities that it sold to investors.
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By Press Release |
October 19, 2011
The SEC charged Citigroup’s principal U.S. broker-dealer subsidiary with misleading investors about a $1 billion CDO tied to the U.S. housing market in which Citigroup bet against investors as the housing market showed signs of distress
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By Press Release |
September 27, 2011
The Securities and Exchange Commission charged RBC Capital Markets LLC for selling unsuitable investments to five Wisconsin school districts.
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By Press Release |
June 21, 2011
J.P. Morgan to pay $153.6 million to settle SEC Charges of misleading investors in CDO tied to U.S. housing market. Harmed investors getting their money back, firm to pay penalty and change practices
