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Author Topic: Business News: McGraw-Hill Fires Back On Faulty Ratings Allegations  (Read 440 times)

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McGraw-Hill Fires Back On Faulty Ratings Allegations

McGraw-Hill (MHP) fired back at the Justice Department on Tuesday, saying the government's allegations that its S&P unit knowingly pumped up ratings on lousy housing-related investments during the last housing bubble were baseless. The data, information and analysis firm was responding to the government's lawsuit last week, in which federal officials accused S&P of defrauding investors. The government is seeking $5 billion. State attorneys general

Source: McGraw-Hill Fires Back On Faulty Ratings Allegations

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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