Eric Schneiderman, the attorney general for the State of New York, says not enough has changed on Wall Street since the period before 2008.
In a lawsuit filed late Monday, the U.S. Department of Justice claims the credit rating firm Standard & Poor’s knew some $4 billion worth of mortgage-backed securities were risky.
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?
The long-time king of consumer electronics is listing like the Costa Concordia. The foreign CEO who was supposed to right the ship is gone; today, S&P downgrades its debt into the BBB’s. Ouchy. The company known for innovation and quality (how long ago it seems, but they won the Blu-ray, HD-DVD war, remember?) has found […]