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Standard and Poor's: Downgrade Backlash? |
August 19, 2011
The Justice Department is reportedly investigating if it improperly rated dozens of mortgage securities before the financial crisis and the city of Los Angeles has withdrawn its S&P contract to rate its $7 billion investment portfolio.
http://feeds.abcnews.com/click.phdo?i=5b2dc3988366baf8c41af92cfcf1be5e
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