Standard & Poor's, a Subsidiary of McGraw Hill, Says DOJ Civil Lawsuit Is Unjustified And Without Legal Merit
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"Like many other institutions, S&P has taken to heart the lessons learned from the financial crisis. In the past five years, we have spent approximately $400 million to reinforce the integrity, independence and performance of our ratings. We also brought in new leadership, instituted new governance and enhanced risk management. We have taken substantive actions to:
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