An Australian judge has ruled that S&P (MHP) was "misleading and deceptive" in assigning AAA...
An Australian judge has ruled that S&P (MHP) was "misleading and deceptive" in assigning AAA ratings to two ABN Amro (RBS) structured debt issues in 2006, which plummeted in value during the financial crisis and caused losses of over 90% to 12 municipal investors that brought a lawsuit against the firm. The ruling represents the first time a ratings agency has been held liable for its opinion in this way.
From other sites
Video at CNBC.com (Jan 20, 2015)
at CNBC.com (Dec 26, 2014)
at CNBC.com (Dec 8, 2014)
at CNBC.com (Oct 28, 2014)
at CNBC.com (Oct 27, 2014)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs