S&P parent McGraw-Hill says government's fraud case flawed

World News: . []

(Blank Headline Received)REUTERS - The parent of credit ratings agency Standard & Poor's Corp, which was hit with a $5 billion fraud lawsuit by the U.S. government last week, fired back on Tuesday, saying it doesn't believe the government has a case. McGraw-Hill Cos Inc said S&P has a record of successfully defending itself against suits like the one by the U.S. Department of Justice that accuses it of duping investors by presenting its ratings as objective. ...

Read More: http://news.yahoo.com/p-parent-mcgraw-hill-says-governments-fraud-case-054938207--finance.html

Published: .

Search for other references to "parent" on SPi News


Previous StoryNext Story

SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2018. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.
Privacy Policy | Terms and Conditions | Contact Us