U.S. reportedly investigates S&P's rating method for MBS

08/18/2011 | New York Times (tiered subscription model), The

The Justice Department is looking into whether Standard & Poor's assigned improper ratings to mortgage-backed securities in the years before the financial crisis, sources said. The department asked about instances in which S&P business managers overruled analysts, resulting in higher ratings for MBS.

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New York Times (tiered subscription model), The

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