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WSJ: S&P Accuses U.S. of Suing to Avenge Ratings Drop

The Wall Street Journal reported that S&P escalated its legal battle with the U.S. Justice Department, accusing it of filing its $5 billion lawsuit against S&P in “retaliation” for the firm’s downgrade of America’s debt in 2011.

Bloomberg: U.S. Wants S&P Case to Go to Trial in Early 2015

Bloomberg reported that the U.S. Justice Department is seeking a trial in February 2015 in its lawsuit against S&P over ratings on residential mortgage-backed securities.

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WSJ: S&P Accuses U.S. of Suing to Avenge Ratings Drop

Bloomberg: U.S. Wants S&P Case to Go to Trial in Early 2015