Stacey Vanek Smith
Feb 12, 2013 The lawsuit against Standard & Poor's seeks a $5 billion penalty that could be a 'death knell' for parent company McGraw-Hill.
Feb 5, 2013 The Justice Department files suit against S&P and its rating of mortgage-backed securities, citing the band Talking Heads in complaint.
Feb 4, 2013 Reports say the U.S. Department of Justice is preparing to bring civil charges against the credit ratings agency Standard & Poor's for their part in the financial crisis of 2008. Better late than never?
Dec 19, 2012 Greece's credit rating just got an upgrade by Standard & Poor's. The ratings agency bumped Greece up to a solid B-. And it says that rating is stable -- meaning it won't change in the next several months.
Nov 29, 2012 A new report says that the now collapsed Kabul Bank in Afghanistan acted as a 'ponzi scheme.'
Nov 20, 2012 Hewlett Packard says fraud is behind the big quarterly loss it unveiled this morning. The personal computing company is writing down $9 billion because of what it calls financial "misrepresentations" by a company it acquired last year.
Nov 2, 2012 Disasters leave people vulnerable to more than just damage on their homes. After hurricanes and other crises, fraudsters hit the streets -- and the Internet -- to try to cheat people out of their money. How can you protect yourself?
Aug 30, 2012 The prestigious corporate club says the big retailer's stock, which has been listed on the S&P since the 1950s, is no longer representative of the index.
Aug 2, 2012 A year after Standard & Poor’s cut the U.S. credit rating from AAA to AA+, interest rates are lower than ever. Who made the right -- and wrong -- predictions?
Aug 1, 2012 Some online poker players are expecting a big payout soon, thanks to a multi-million dollar settlement between the Justice Department and two online poker companies. The companies were accused of running a Ponzi scheme.