More on the McGraw Hill (MHP -4.9%) suit: The company's market cap has fallen about $3B over the...

|By:, SA News Editor

More on the McGraw Hill (MHP -4.9%) suit: The company's market cap has fallen about $3B over the past two days, writes Scott Krisiloff. Even admitting S&P was complicit in MBS blowups, it certainly wasn't the direct cause. It's therefore difficult to conceive of a settlement anywhere near this high of an amount. For comparison, BP settled with the DOJ for $4B.