Madigan Sues S&P For Role In Housing Market MeltdownIllinois Attorney General Lisa Madigan has filed a lawsuit against Standard & Poor’s claiming the credit ratings agency fraudulently gave high ratings to risky mortgage-backed investments in the years prior to the 2008 housing market crash.
5 reasons to invest in 2012If you want to be optimistic about investing this year - and there are plenty of reasons to be - you need to understand the tale of two economies. One narrative is the recovering U.S. economy: Robust corporate ...
The Advisers That Romney IgnoresMitt Romney pitches himself as the sort of guy who surrounds himself with the smartest people he can find. He’s the consummate corporate executive: He listens to smart people and puts their best ideas into play. Sure enough, in his presidential campaign, Romney has assembled a team of conservative economists whose smarts and star power, academically and politically, outshine that of any of his ...
Illinois sues Standard & Poor'sCHICAGO, Jan. 25 (UPI) -- Illinois sued Standard & Poor's Wednesday, alleging it fueled the housing market crash with its unwarranted high ratings to risky mortgage-backed investments.
