The Ticker
Mass AG reportedly looking at S&P's work on commercial property bonds
2/22/13 11:23am
Standard & Poor's practices for grading commercial property bonds since the 2008 credit crisis are drawing scrutiny from Massachusetts authorities, according to three people with knowledge of the matter.
The scope of the probe by state Attorney General Martha Coakley extends beyond the securities and period that are the subject of a lawsuit brought by the U.S. Justice Department against New York-based McGraw-Hill Cos. and its S&P unit.
