Fines, fines and more fines. Still not a single major prosecution of any kind for fraud, perjury, conspiracy or malfeasance of any kind.
S&P pays $1.4bn in sub-prime case
Credit rating agency Standard & Poor's (S&P) agrees to pay $1.38bn settlement to US regulators over allegations it knowingly inflated its ratings of risky mortgage investments.
Read more:
http://www.bbc.co.uk/news/business-31115174
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