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Feds, States To Charge S&P »
Feb 4 (Reuters) - Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds prior to the 2008 financial crisis, The Wall Street Journal said on Monday, citing people familiar with the matter. Allegations against the McGraw-Hill Cos unit will center on the model used to rate the bonds and will be made in lawsuits to be filed as soon as this week, the newspaper said, citing the people. Source Main page (current trends)
More about: 2008 financial crisis, civil charges, McGraw-Hill Cos, mortgage bonds, state prosecutors, Wall Street Journal, wrongdoing