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#1 | U.S. to sue S&P over ratings ahead of financial crisis datum

datum

Mon Feb 04, 2013 6:06 pm

Reuters
by Aruna Viswanatha and Jonathan Stempel
February 4, 2013

Standard & Poor's said it expects to be the target of a U.S. Department of Justice civil lawsuit over its mortgage bond ratings, the first federal enforcement action against a credit rating agency over alleged illegal behavior tied to the recent financial crisis.

(excerpted)
http://www.reuters.com/article/2013/02/0...E9130U120130204

Orthodoxy SUCKS.

"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual." Thomas Jefferson

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#2 | RE: U.S. to sue S&P over ratings ahead of financial crisis datum

datum

Mon Feb 04, 2013 6:06 pm

That'll teach 'em!

Orthodoxy SUCKS.

"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual." Thomas Jefferson

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#3 | RE: U.S. to sue S&P over ratings ahead of financial crisis datum

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Mon Feb 04, 2013 10:01 pm

Quote: Palinista wrote in post #2
That'll teach 'em!

I guess that's how things work in this brave new age - if you don't like the results, sue.

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