Voice of America: Washington Accuses Rating Agency of Misleading Investors

Voice of America Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries

Washington Accuses Rating Agency of Misleading Investors Feb 5th 2013, 16:20 The U.S. Justice Department has filed a lawsuit against the nation's largest credit rating agency, Standard and Poor's, for allegedly misleading investors about the quality of complex investments that played a key role in the financial crisis. In many cases, bundles of mortgage loans turned out to carry far more risk than their top-level ratings indicated.  A commission investigating the crisis said the rating agencies were "key enablers" of the financial ... Media files: 4E0ADB14-541E-4346-85ED-FB3A6CE03F92_cx0_cy4_cw0_w800_r1.jpg?nocache=1 (image/jpeg, 0 MB)

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