No Deal: S&P and Moody's fined over $2bn for ABS mis-ratings

Dr P Singh
Jan 14, 2017
1 min read

Feb 2015: S&P settled a claim of wrongdoing on its ratings.

Details in this Bloomberg article here and here and Reuters article here. Actual complaint document here, and settlement agreement that includes a Statement of Facts here.

Jan 2017: Moody's settled a similar claim it falsified its ratings Details here.

DoJ press release here with links to key docs

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