S&P may face probe on mortgages
Rating company S&P is being investigated by the Department of Justice for its possible role in the financial collapse.
"Ratings agency Standard & Poor's is being investigated by the U.S. Justice Department for allegedly overrating mortgage-backed securities, whose meltdown led to the 2008 financial crisis, according to two sources with knowledge of the investigation. "
Check out the full story on CNN here.
Showing posts with label Department of Justice. Show all posts
Showing posts with label Department of Justice. Show all posts
Thursday, August 18, 2011
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