Relevant:
- Justice prepares civil suit against S&P over grading of financial products before crisis
- Brown Launches Investigation into Credit Rating Agencies' Role in Fueling Financial Crisis
- Executives testify: Bond-rating agencies corrupted themselves
- EU Targets Credit Rating Agencies
- FDIC Moves Forward On Cutting Use Of Ratings
2013-02-07 — washingtonpost.com
The Justice Department's lawsuit against Standard & Poor's this week has revived focus on the role of the rating agencies in causing the financial crisis. Yet four years after shoddy mortgage investments bearing top grades nearly took down the country's economy, government attempts to revamp the rating-agency industry have stalled.
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