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Tag: Standard and Poor’s

S&P Downgrades USA. The Response: USA Downgrades S&P

Sun Aug 21, 2011 by on Florida Law News

We all know that you shouldn’t pick a fight with someone stronger than you. Apparently, no one chose to tell Standard and Poor’s (S&P). The ratings agency, which recently downgraded the American government’s debt rating, is now being investigated by the Justice Department for its role in the mortgage-backed securities bonanza. While the New York Times is reporting that the […]