The Department of Justice brought what is perhaps the most significant market crisis case to date, named as defendants rating agency Standard & Poor’s Financial Services LLC and its parent McGraw-Hill Companies, Inc. The case focuses on ratings given to …
DOJ Files a Significant Market Crisis Case Against S&P Read More »
The President’s Residential Mortgage-Backed Securities Working Group, announced earlier this year in the State of the Union speech, brought its first case. The action is against Bear, Stearns & Co., Inc., which has been acquired by JPMorgan Chase. It was …
The First Case For the President’s Residential Mortgage-Backed Securities Working Group Read More »