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Toss gov’t suit: S&P

McGraw-Hill’s Standard & Poor’s unit asked a federal judge to dismiss the Justice Department’s allegations that the company’s mortgage-backed securities ratings were fraudulent. S&P said in a filing yesterday that the Justice Department overreached in its attempt to target the company. S&P issued credit ratings… …read more
Source: NY Post

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Posted by on April 23, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.