Illinois' Attorney General sues S&P (MHP +1.0%) over its alleged complicity in giving high...

|About: S&P Global Inc. (SPGI)|By:, SA News Editor

Illinois' Attorney General sues S&P (MHP +1.0%) over its alleged complicity in giving high ratings to mortgage-backed investments that failed. The suit details a pattern at S&P of doling out favorable ratings in order to please clients and increase revenue at parent McGraw-Hill.