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S&P expects US lawsuit over its mortgage ratings

WASHINGTON | The U.S. government is expected to file civil charges against Standard & Poor's Ratings Services, alleging it improperly gave high ratings to mortgage debt that later plunged in value and helped fuel the 2008 financial crisis.

February 05, 2013 12:00 am

SEC: Regulators yet to determine cause of plunge

WASHINGTON | The head of the Securities and Exchange Commission told a congressional panel Tuesday that regulators need more time to figure out what caused last week's stock market plunge.

May 12, 2010 12:00 am
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