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Susie entirely without legal merit, thats what standard and poors is calling a potential lawsuit by the department of justice, for s ps mortgage bond ratings ahead of the financial crisis. These charges come five years after the financial crisis and would be the first alleging illegal behavior by a major Ratings Agency. As darrensh ger reports g, s p is fighting back. Reporter what took so long . Thats the reaction from critics who have long argued standard and poors gave a stamp of approval to ...

Points from the previous today three months ago officials also said senate has strength in amman on many factors that index has six points from the previous saturday. The survey measures to attend Business Confidence among manage a sad about ten thousand Companies Nationwide ellen see how the markets are reacting to these numbers scientific and just now from that isnt as good morning i get my capital people in the markets where im expecting a headline figure to be fifteen katherine so by definit...

What s p claimed at the time it stamped securities triple a. The ratings agencies claim that they have unique analytic abilities and very sophisticated models that enable them to determine the credit worthiness of a bond, a derivative, a security. Reporter s p points out Court Rulings have dismissed what it called challenges to a Credit Rating made with 20 20 hindsight. If the Justice Department does sue, standard and poors says it will vigorously defend itself. Darren gersh, n. B. R. , washingt...

What s p claimed at the time it stamped securities triple a. The ratings agencies claim that they have unique analytic abilities and very sophisticated models that enable them to determine the credit worthiness of a bond, a derivative, a security. Reporter s p points out Court Rulings have dismissed what it called challenges to a Credit Rating made with 20 20 hindsight. If the Justice Department does sue, standard and poors says it will vigorously defend itself. Darren gersh, n. B. R. , washingt...

Poors is calling a potential lawsuit by the department of justice, for s ps mortgage bond ratings ahead of the financial crisis. These charges come five years after the financial crisis and would be the first alleging illegal behavior by a major Ratings Agency. As darren gersh reports, s p is fighting back. Reporter what took so long . Thats the reaction from critics who have long argued standard and poors gave a stamp of approval to flawed Mortgage Securities that helped bring on the financial ...

Captioning sponsored by wpbt this is n. B. R. Susie im susie gharib. Ghosts of the financial crisis come back to haunt standard and poors. The Justice Department is close to filing a lawsuit against the agency for wrongdoing in its ratings before the financial crisis. Tom im tom hudson. Weakness in Technology Shares helps derail a fiveweek runnup on wall street, we look at stocks and the individual investor. Susie and michael dell could be taking the Computer Company that bears his name private,...

Docket. May be seven. Well find out more in a few minutes. Watch bonds today. Investors pulled 4 billion from treasury funds in the weekended wednesday. Youre going to hear more great rotation talk today. Road map begins with blackberry open to the idea of going private. Also, priceline beating expectations and the shares approaching new highs, not seen since the dotcom era. Its shark week on wall street as our our guest likes to say. Hedge funder bill ackman pushes jcpenney to push up its searc...

Profitable and best known hedge funds is facing criminal charges. The federal government says employees of sac capital are guilty of insider tradg. Sac became, over time, a ver right table magnet for market cheaters. The sac companies operated a compliance system that appeared to talk the talk, but almost never walked the walk. The fund pleaded not guilty in court on friday and is run by billionaire steven a. Cohen who is not named in the criminal indictment. In a statement, the company said it ...

Profitable and best known hedge funds is facing criminal charges. The federal government says employees of sac capital are guilty of Insider Trading. Sac became, over time, a ver right table magnet for market cheaters. The sac companies operated a compliance system that appeared to talk the talk, but almost never walked the walk. The fund pleaded not guilty in court on friday and is run by billionaire steven a. Cohen who is not named in the criminal indictment. In a statement, the company said i...

Lawsuit by the department of justice, for s ps mortgage bond ratings ahead of the financial crisis. These charges come five years after the financial crisis and would be the first alleging illegal behavior by a major Ratings Agency. As darren gersh reports s p is fighting back. Reporter what took so long . Thats the reaction from critics who have long argued standard and poors gave a stamp of approval to flawed Mortgage Securities that helped bring on the financial crisis. It has to do with the ...