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S&P's Mortgage Ratings History Being Investigated By Justice Department

Sp Mortgage Ratings

First Posted: 08/18/11 10:25 AM ET Updated: 10/18/11 06:12 AM ET

New York Times:

The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage securities in the years leading up to the financial crisis, according to two people interviewed by the government and another briefed on such interviews.

Read the whole story: New York Times

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Filed by Harry Bradford  |