Reuters: Regulatory News: U.S. to sue S&P over mortgage bond ratings

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

U.S. to sue S&P over mortgage bond ratings Feb 4th 2013, 19:34 WASHINGTON | Mon Feb 4, 2013 2:34pm EST WASHINGTON Feb 4 (Reuters) - The U.S. Justice Department plans to sue Standard & Poor's over its ratings in 2007 of some mortgage bond deals, the ratings agency said on Monday. The unit of McGraw-Hill Cos Inc said the lawsuit "would be entirely without factual or legal merit."

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