Standard & Poor's

US sues S&P over pre-crisis mortgage ratings

WASHINGTON (AP) — The U.S. government says Standard & Poor’s knowingly inflated its ratings on risky mortgage investments that played a key role in triggering the 2008 financial crisis.


(AP Photo)

Moody’s pressures Congress to deal with deficit

WASHINGTON (AP) — Moody’s Investors Service says Congress must go beyond its deal this week and come up with a plan to shrink the budget deficit if it wants to keep the U.S. government’s top credit rating.


Moody's targets Calif. cities for downgrades

SACRAMENTO, Calif. (AP) — One of the nation’s top credit rating agencies will review dozens of California cities for possible credit downgrades amid mounting concern over municipal bankruptcies and bond defaults. Moody’s Investors Service announced […]



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