Securities And Exchange Commission Probes S&P's Math In Downgrade Of U.S. Credit

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The Securities and Exchange Commission is scrutinizing the method Standard & Poor’s used to cut the U.S.’s credit rating. | AP

The Securities and Exchange Commission is scrutinizing the method Standard & Poor’s used to cut the U.S.’s credit rating and whether the firm properly protected the confidential decision, according to a person with direct knowledge of the matter.

Read the whole story at Bloomberg News

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