(By Louise Story, 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 to the financial crisis, according to two people interviewed by the government and another briefed on such interviews.The investigation began before Standard & Poor's cut the United States' AAA credit rating this month, but it is likely to add fuel to the political firestorm that has surrounded that action.
Justice Dept. Said To Be Examining Mortgage Ratings
CharlotteObserver.com: Business, Charlotte Observer: Business
Thu, 08/18/2011 - 3:54am
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