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

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