Welcome, sign in or click here to subscribe.
Login: Password:




Subscriber content preview

February 11, 2013

Idaho sues S&P over subprime ratings

BOISE (AP) — Idaho has filed a lawsuit alleging the credit-rating agency Standard & Poor’s broke state consumer-protection laws by understating the risks of subprime mortgage securities.

Investors use S&P’s ratings to determine whether to buy securities such as those related to subprime mortgages.

. . .

To read this story in full login or purchase a subscription.