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18.08.2011 - 16:29 [ International Business Times ]

U.S. Justice Department Probing S&P Mortgage-Backed Securities Ratings System

The U.S. Justice Department is investigating credit rating agency Standard & Poor‘s (S&P) for allegedly overrating mortgage-backed securities, whose high rates of default in certain investment classes set in motion the 2008 financial crisis.

Nachrichten Kategorie: Weltöffentlichkeit / World Public Opinion.

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