S&P
California Attorney General Sues Standard & Poor’s Over Investment Ratings
California’s attorney general has filed a lawsuit against debt rating agency Standard & Poor’s, claiming it inflated its ratings of certain investments, costing the state’s public pension funds and other investors billions of dollars.
Apple Worst Performing S&P Stock So Far This Year
Apple was the worst performing stock on the S&P 500 for the month of January, despite a historic surge for the index overall.
S&P Improves California Bond Outlook To Positive
Although California still faces a $9.2 billion deficit, the credit rating agency said the state has corrected a significant portion of its budget imbalance.
S&P: California’s Fiscal Problems Different From Greece
California and Greece might share enviable weather and postcard-worthy beaches, but their fiscal problems aren’t the same.


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