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    Feb 6, 2013 | Los Angeles Times

  1. Lawsuit filed by California against Standard & Poor's

    Recent documents from the Los Angeles Times
    California filed suit against Wall Street's biggest credit rating agency, Standard & Poor’s, charging the firm with violating the state's False Claims Act by using “magic numbers” and “guesses” to inflate ratings that...
    2. Feb 5, 2013 | Allentown Morning Call

  2. PA joins the blame game against Standard & Poor's over financial crisis

    Watchdog with Paul Muschick
    Pennsylvania was among several states that filed lawsuits Tuesday alleging that credit rating agency Standard & Poor's contributed to the nation's financial crisis by fudging its ratings. S&P is accused of misconduct involving securities backed by...
    3. Feb 5, 2013 |Story| Los Angeles Times

  3. Justice Department, state officials to announce Standard & Poor's suit

    WASHINGTON -- Justice Department officials and attorneys general from California and several other states were set Tuesday morning to announce a landmark civil suit against Standard & Poor's Corp. concerning the company's credit ratings of troubled mortgage-backed securities before the financial crisis.
    WASHINGTON -- Justice Department officials and attorneys general from California and several other states were set Tuesday morning to announce a landmark civil suit against Standard & Poor's Corp. concerning the company's credit ratings of troubled...

    Tags: Eric Holder, Credit Ratings, Trials, Finance, Securities

    4. Jan 30, 2013 |Story| Chicago Tribune

  4. State delays borrowing $500 million after credit rating downgrade

    Illinois budget officials say the state will delay today's planned sale of $500 million in construction bonds after a recent credit downgrade.
    Clout Street
    Illinois budget officials say the state will delay today's planned sale of $500 million in construction bonds after a recent credit downgrade. A spokesman for Gov. Pat Quinn's budget office said the decision was made after conversations with potential...

    Tags: Credit Ratings, Ratings, Moody's Corporation, Credit and Debt, Illinois Governor

    5. Jan 13, 2013 |Story| Baltimore Sun

  5. Part two: Warning signs

    When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines.
    When Bank of America credit officer Dan Petrik and his team sat down in early 2007 to analyze Sam Zell's plan to take control of Tribune Co., their numbers showed that the complex deal failed to meet five of the bank's 10 lending guidelines. There was...

    Tags: Chicago Tribune, Los Angeles Times, Bankruptcy, Credit Ratings, Chicago Loop

    6. Dec 31, 2012 |Story| Chicago Tribune

  6. Kenilworth vows to learn from defeat of home rule

    Kenilworth officials will begin 2013 by trying to figure out what went wrong in 2012.
    Kenilworth officials will begin 2013 by trying to figure out what went wrong in 2012. With aging sewer and water main infrastructure pegged as a critical long-term need, residents voted in November against allowing home rule as a way to help finance the...

    Tags: Plan B (drug), Politics, Elections, Voting

    7. Sep 26, 2012 |Column| Chicago Tribune

  7. MarksJarvis: High-frequency trading disrupts stock market, keeps individuals anxious, wary

    Some people have lost their taste for the stock market, with many concluding it's more dangerous than they can tolerate for their kids' college money or retirement savings.
    Some people have lost their taste for the stock market, with many concluding it's more dangerous than they can tolerate for their kids' college money or retirement savings. And they have reason to be anxious. At a Senate banking committee hearing in...

    Tags: Financing and Stock Offerings, Finance, Investments, Jack Reed, Litigation and Regulation

    8. Sep 18, 2012 |Story| Baltimore Sun

  8. A do-nothing Congress returns to Washington; don't expect much

    A wild windstorm swept through the nation's capital on Saturday, tossing broken tree limbs, downing power lines and forcing thousands of suburbanites to eat dinner by candlelight. On Sunday, with the skies sunny and mostly clear, the oppressive heat that hung on all summer was finally gone and the cooler air of approaching autumn turned the city into a pleasant place.
    A wild windstorm swept through the nation's capital on Saturday, tossing broken tree limbs, downing power lines and forcing thousands of suburbanites to eat dinner by candlelight. On Sunday, with the skies sunny and mostly clear, the oppressive heat...

    Tags: Tea Party Movement, U.S. Senate, Credit Ratings, Politics, Moody's Corporation

    9. Sep 13, 2012 |Story| Chicago Tribune

  9. Illinois Senate president: No vote on pension reform until January

    Don’t expect a vote on a plan to overhaul the state’s government worker pension program until after the new year, Illinois Senate President John Cullerton indicated Thursday.
    Clout Street
    Don’t expect a vote on a plan to overhaul the state’s government worker pension program until after the new year, Illinois Senate President John Cullerton indicated Thursday. The North Side Democrat said that there simply aren’t...

    Tags: Illinois, Politics, Regional Authority, Interior Policy, Democratic Party

    10. Aug 29, 2012 |Story| KTUU

  10. Catholic Social Services Nearly Triples Its Beds for Homeless Moms and Kids in Anchorage

    Catholic Social Services is getting ready to nearly triple the number of beds it offers to homeless women and their children in the near future.
    Channel 2 News
    Catholic Social Services is getting ready to nearly triple the number of beds it offers to homeless women and their children in the near future. On Wednesday, CSS announced it had just acquired the Anchorage Eagles Nest Hotel, at 4110 Spenard Rd. The...

    Tags: Ratings, Credit Ratings, Credit and Debt, Hotel and Accommodation Industry, Family

    11. Jul 29, 2012 |Story| Baltimore Sun

  11. Brazil, Russia, India and China: The world's trouble children

    As the world struggles to deal with its two largest foreign-affairs dilemmas, Syria and Iran, resolutely standing in the way are the BRICs.
    As the world struggles to deal with its two largest foreign-affairs dilemmas, Syria and Iran, resolutely standing in the way are the BRICs. That's the acronym foreign-policy wonks use for the block of nations that routinely refuses to join the...

    Tags: European Union, Entertainment Events, Bashar Assad, Vladimir Putin, Crime, Law and Justice

    12. Jun 29, 2012 | Los Angeles Times

  12. Standard & Poor's endorses bigger California reserve fund

    PolitiCal
    Democratic lawmakers and Gov. Jerry Brown have spent months disagreeing over how much money California should sock away in a rainy day fund. Lawmakers wanted to use some of the money on social services, but Brown insisted on keeping about......
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Standard & Poor's Financial Services LLC Photos
Specialist Frank Masiello wears a "Dow 15,000" hat as h...
(May 3, 2013)
Wall Street
The Illinois State Capitol, Springfield. Standard & Poo...
(January 25, 2013)
Illinois' credit rating falls
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