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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 |
February 11, 2013
Frustration with New York-based S&P, the nation’s largest ratings firm, Moody’s Corp. and Fitch Ratings has existed almost since the current administration took office.
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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 John Detrixhe and Matt Robinson, Bloomberg |
December 17, 2012
The global bond market disagreed with Moody’s Investors Service and Standard & Poor’s more often than not this year when the companies told investors that governments were becoming safer or more risky.
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By Takahiko Hyuga and Shigeru Sato, Bloomberg |
December 14, 2012
Standard & Poor’s Japan unit was ordered by the nation’s financial watchdog to improve its system for verifying and updating credit ratings in the regulator’s first action against a ratings company.
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By Canaccord Genuity Morning Coffee |
August 25, 2011
JP Morgan Chase says McGraw-Hill break-up could unlock $5 billion in shareholder value