Nation & World

February 4, 2013 7:13 PM

Is U.S. suit against rating agency S&P actually retaliation?

Trying to get ahead of a potentially explosive story, credit rating agency Standard & Poor’s announced Monday that the Justice Department had informed the company that it’s the subject of a civil lawsuit for the AAA ratings it gave to complex bonds in 2007 that later turned out to be junk.

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