Sat, Feb 09, 2013 - Page 15 News List

Ratings firms facing New York probe

SINGLED OUT?On top of the investigation by New York, S&P are being sued by the US Department of Justice over ratings which may have contributed to a financial crisis

Bloomberg

“No one in the government has come to me and said: ‘That’s why we did it,’” Abrams said.

Ed Sweeney, an S&P spokesman, declined to elaborate on Abrams’s comments.

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