The Sharp Teeth of the Justice Department’s Lawsuit Against Standard & Poor’s for Its Fraudulent Credit Ratings
This financial fraud lawsuit seems more aggressive and may be more effective in finding fault that have been the previous multi-billion dollar efforts against other players in the financial crisis.
The Sharp Teeth of the Justice Department’s Lawsuit Against Standard & Poor’s for Its Fraudulent Credit Ratings
This financial fraud lawsuit seems more aggressive and may be more effective in finding fault that have been the previous multi-billion dollar efforts against other players in the financial crisis.
U.S. Dept. of Justice Sues World’s Largest Credit Rating Agency for Its Fraudulent Role in Enabling the Financial Crisis
Detailed 124-page Complaint lists specific ways that Standard & Poor's intentionally inflated its ratings of mortgage-backed securities for its own financial gain, while lying about the objectivity of those ratings.