
S&P Suit: No New Laws Were Needed for 2008 Collapse
Photo credit: RICHARD B. LEVINE/Newscom The Department of Justice’s (DOJ) civil suit against credit rating agency Standard Poor’s (SP) shows that laws that existed well before the financial crash of 2008 were more than sufficient to deal with its potential causes. While the specific charges in this suit will need to be litigated before their […]