February 11, 2013
The S&P Litigation And What It Means For Future Cases Like This One
Posted by David Zaring

I've got a piece in DealBook today about the S&P litigation.  Here are a couple of teasers, one on the constitutional implications of the suit:

Still, if S.&P. is singled out for ratings that were matched by the other ratings agencies, the government’s case might look like an exercise favoring certain speakers over others, and that might be a problem. It might even encourage the government to file lawsuits against other ratings agencies.

And one on the new perspective that it may mean the government is taking on settlements:

The S.&P. suit shows that at least part of the government has come around to Judge Rakoff’s way of thinking. If so, we should expect to see fewer settlements and more court cases in the future.

There's more at the link, so do give it a look, and let me hear your own views, either here or over at the Times.

Finance, Financial Crisis, Financial Institutions | Bookmark

TrackBacks (0)

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8345157d569e2017c36c5bdb0970b

Links to weblogs that reference The S&P Litigation And What It Means For Future Cases Like This One:

Bloggers
Papers
Posts
Recent Comments
Popular Threads
Search The Glom
The Glom on Twitter
Archives by Topic
Archives by Date
July 2014
Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31    
Miscellaneous Links