You can rate the chances the Justice Department will sue
Standard & Poor’s over its mortgage bond ratings AAA, sources tell The
Post.
Federal regulators, along with as many as a dozen state
attorneys general, are expected to sue the ratings agency for allegedly giving
top grades to baskets of mortgage bonds even though the paper inside those
bundles was toxic, subprime loans.
The suit could be announced as soon as this morning, sources
said. New York Attorney General Eric
Schneiderman, not among the group, is said to be weighing his own action
against S&P...
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