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.
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.