Thursday, August 18, 2011

U.S. Inquiry Said to Focus on S.&P. Ratings - NYTimes.com

This is destined to become a fascinating information responsibility case study

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.

The investigation into Standard & Poor's began before the company cut the United States’ triple-A credit rating this month.

U.S. Inquiry Said to Focus on S.&P. Ratings - NYTimes.com

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