mortgage-bond ratings

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S&P tries to prove DOJ lawsuit is about payback

Aug 19, 2013By

Standard & Poor’s is working on its defense to fraud claims levied by the Department of Justice over the firm’s pre-housing crisis mortgage-bond ratings. So what is the agency’s game plan? S&P is trying to show the DOJ suit is about payback, not bond ratings.

3d rendering of a row of luxury townhouses along a street

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