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S&P Hits Record High

Reuters | Posted 09.18.2013 | Business

NEW YORK, Sept 18 (Reuters) - The S&P 500 index hit a record high on Wednesday after the Federal Reserve said it would continue buying bonds at an $85...

S&P Slams Government Lawsuit

AP | By SARAH SKIDMORE SELL | Posted 11.03.2013 | Business

Standard & Poor's says the U.S. government sued the rating agency as "retaliation" for its downgrade of the country's credit rating. Th...

Credit Rating Titans Reach Settlement

AP | Posted 06.27.2013 | Business

NEW YORK (AP) — Ratings agencies Standard & Poor's, Moody's and investment bank Morgan Stanley have settled two lawsuits dating back to the financia...

U.S. Smacks Down S&P Request

Reuters | Posted 05.31.2013 | Business

WASHINGTON, March 29 (Reuters) - The U.S. Department of Justice opposed Standard & Poor's efforts to move a spate of lawsuits charging the ratings a...

Time For Scare Tactics!

The Huffington Post | Jillian Berman | Posted 02.25.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for ...

9 Emails Wall Street Hoped You'd Never See

The Huffington Post | Caroline Fairchild | Posted 02.11.2013 | Business

It's 2013, and Wall Street still doesn't seem to understand that emails and privacy typically don't mix well. Last week, the Justice Department fi...

Merger Set To Take Off

The Huffington Post | Jillian Berman | Posted 02.11.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Apple's Festering Worm

The Huffington Post | Jillian Berman | Posted 02.08.2013 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

Bad News For S&P

Reuters | Posted 02.08.2013 | Business

NEW YORK (Reuters) - New York Attorney General Eric Schneiderman has kicked off an investigation into three major credit ratings agencies, according t...

Moody's May Face Lawsuit Too, Sources Say

Reuters | Posted 02.07.2013 | Business

By Aruna Viswanatha and Luciana Lopez (Reuters) - The Justice Department and multiple states are discussing also suing Moody's Corp for defrauding...

S&P's New Lawyer Defended Lance Armstrong

Reuters | Posted 04.09.2013 | Business

(Repeating Wednesday story to additional subscribers) By Karen Freifeld NEW YORK, Feb 6 (Reuters) - Standard and Poor's ...

Eleazar David Melendez

"This is going to end badly": S&P Analysts Saw Ratings Blowup Coming, Lawsuit Shows

HuffingtonPost.com | Eleazar David Melendez | Posted 02.05.2013 | Business

In March 2007, as the subprime mortgage market was collapsing, an analyst at the bond rating agency Standard and Poor’s decided to lighten the mood ...

S&P Lawyer: After U.S. Downgrade Fed Investigation Intensified 'Significantly'

The Huffington Post | Jillian Berman | Posted 02.05.2013 | Business

The lawyer representing Standard and Poor’s claims the U.S. government ramped up its investigation into the ratings agency after S&P downgraded the ...

SUED

AP | DANIEL WAGNER and CHRISTINA REXRODE | Posted 04.07.2013 | Business

WASHINGTON — The Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing ...

Ben Hallman

Wall Street Ratings Agencies Hold Weak Defense Against Financial Crisis Lawsuit

HuffingtonPost.com | Ben Hallman | Posted 02.05.2013 | Business

For nearly four years, credit rating agencies like Standard & Poor's have tried to use the First Amendment as a shield against angry investors who hav...

Illinois Attorney General Sues S&P Over Ratings, Alleges Fraud

Reuters | Posted 03.26.2012 | Chicago

* Lawsuit: S&P issued inflated ratings to boost market share * McGraw-Hill unit sued in Cook County, Illinois court ...