Similar Stories to S&p Helped Cause Financial Crisis With Faulty Ratings, Feds Allege on Bing News

Eric Holder

WASHINGTON -- Standard & Poor's Corp. helped cause the financial crisis by misleading investors with falsely high credit ratings on bonds backed by toxic subprime mortgages, federal officials alleged Tuesday in announcing a civil suit against the company.

RELATED ARTICLES
BING NEWS:
  • S&P cuts Israel’s long-term credit ratings in wake of Iran attack
    Ratings agency S&P Global on Thursday cut Israel's long-term ratings to A-plus from AA-minus following Iran’s drone and missile attack on Israel and amidst the already elevated geopolitical ...
    04/18/2024 - 3:33 pm | View Link
  • S&P ratings of SA-focused companies holding up in spite of rising costs
    Upgrades in 2021 and 2022 – mainly on the back of lower financial risks – gave way to a mixed picture in 2023, as some commodity markets flagged,” S&P Global said. Ratings on utilities and ...
    04/15/2024 - 8:57 pm | View Link
  • JPMorgan's (JPM) Outlook Upgraded by S&P, Ratings Affirmed
    JPMorgan’s JPM outlook has been upgraded to positive from stable by S&P Global Ratings. However ... a strategic alliance with Cleareye.ai (a financial technology firm focused on trade finance ...
    04/2/2024 - 5:41 am | View Link
  • S&P Global revises JPMorgan's ratings outlook to 'positive'
    April 1 (Reuters) - S&P Global on Monday revised the rating outlook of JPMorgan Chase to 'positive' from 'stable', citing the strength of its sprawling lending-to-trading business that has ...
    04/1/2024 - 6:03 pm | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News