Moody’s pays $864 million to settle with U.S. over pre-crisis ratings | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/14/moodys-pays-864-million-to-settle-with-u-s-over-pre-crisis-ratings/

NEW YORK (Reuters) – Moody’s Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday. http://internationalnewslive.com/moodys-pays-864-million-to-settle-with-u-s-over-pre-crisis-ratings/