US Argues Documents Sought By S&P Don't Back $5B Suit
By Jeff Sistrunk ( August 25, 2014, 5:58 PM EDT) -- The federal government urged a California federal judge on Monday to deny Standard & Poor's Financial Services LLC's bid for full production of documents related to its position that the U.S. brought a $5 billion suit over inflated mortgage-backed securities ratings in retaliation, saying none of the sought-after materials support that contention....
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