Forbes (February 5)
2013/ 02/ 06 by jd in Global News
“The U.S. Justice Department announced plans to file civil fraud charges against Standard & Poor’s (S&P) relating to the atrocious ratings that Standard & Poor’s gave to toxic subprime mortgage-backed securities…. This is a welcome—if long overdue—development for investors who have been waiting for years for the Feds to take decisive action against those responsible for crashing the world economy.”
Tags: Economy, Fraud, Investors, Mortgage-backed securities, Ratings, S&P, Subprime, U.S.
