S&P girds for U.S. to sue over ratings on doomed bonds

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S&P girds for U.S. to sue over ratings on doomed bonds

Firm to fight crisis-role accusations

By DEMOCRAT-GAZETTE STAFF FROM WIRE REPORTS

Posted: February 5, 2013 at 3:10 a.m.

The Justice Department intends to sue Standard & Poor’s, the largest credit ratings firm, over ratings it gave certain collateralized debt obligations in 2007, the company said Monday.

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Front Section, Pages 1 on 02/05/2013

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