REUTERS – The U.S. government is looking $ 5 billion inside its civil suit accusing Standard & Poor's of the flagrant scheme to defraud investors, inside among the Justice Department's many ambitious situations linked to the financial crisis. The suit is the initially by the U.S. government against a reviews agency, plus when lucrative inside its employ of the little-used law with a lower load of proof, the Justice Department can employ the approach inside additional instances. The United States mentioned S&P misled investors by stating which its reviews about mortgage items were objective plus not influenced by conflicts of interest. …
There are no comments yet. Why not be the first to speak your mind.