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Tag Archives: McGraw Hill Financial

S&P Reaches Settlement on Pre-Crash RMBS Ratings

The Department of Justice sued S&P in February 2013, alleging that the credit ratings agency "knowingly and with the intent to defraud, devised, participated in, and executed a scheme to defraud investors" in collateralized debt obligations and residential mortgage-backed securities between 2004 and 2007.

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