Tuesday, February 5, 2013

Feds Files Charges Against Standard & Poor's Over Mortgage-Backed Bonds




National





Feds Files Charges Against Standard & Poor's Over Mortgage-Backed Bonds



LOS ANGELES-The U.S Justice Department filed civil charges against Standard & Poor’s on Monday alleging the credit rating firm gave inaccurate appraisals on mortgage-backed securities that fueled the national recession.








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