NEW YORK (Reuters) – New York Attorney General Eric Schneiderman has kicked off an investigation into three major credit ratings agencies, according to a person familiar with the matter, a move that follows the U.S. Justice Department’s $ 5 billion lawsuit against Standard & Poor’s over pre-crisis mortgage bond ratings. Schneiderman issued a subpoena to Standard & Poor’s this week, a person familiar with the matter told Reuters. S&P is a unit of The McGraw Hill Cos . …
Business News Headlines – Yahoo! News
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