2015

RATING AGENCIES: S&P SETTLEMENT UNLIKELY TO BRING ANY CHANGE FOR CORPORATE ISSUERS

RATING AGENCIES: S&P SETTLEMENT UNLIKELY TO BRING ANY CHANGE FOR CORPORATE ISSUERS

Trends | Credit Ratings
More than six years after the housing market crashed—dragging the world economy and stock markets down with it—Standard & Poor’s settled in early February with the Securities and Exchange Commission for its alleged part in triggering the meltdown. The price was relatively cheap, as these things go: $1.4 billion with no admission of wrongdoing.