Litigation
May 30, 2014
S&P defense strategy appears to be to spread the blame
Legal observers said one of S&P's main tactics appears to be to paint the government as an aggressor seeking retribution.
Daily Journal Staff Writer
With discovery in full swing, ratings agency Standard & Poor's defense strategy is starting to materialize as it fights to beat back Justice Department allegations that its ratings practices were collusive and a precipitating factor in the 2008 financial collapse.
Legal observers said one of S&P's main tactics appears to be to paint the government as an aggressor seeking retribution. Fr...
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