S&P said to face federal investigation over mortgage rates - Aug. 18

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Rating agency Standard & Poor's is facing a U.S. Justice Department investigation for allegedly overrating mortgage-backed securities, whose meltdown led to the 2008 financial crisis, according to a report published Thursday.
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08/18/2011

+ Rating agency Standard & Poor's is facing a U.S. Justice Department investigation for allegedly overrating mortgage-backed securities, whose meltdown led to the 2008 financial crisis, according to a report published Thursday.

 
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