US seeks more than $5 bln in suit against S&P -attorney general
WASHINGTON, Feb 5 (Reuters) - The U.S. government is seeking more than $5 billion in a lawsuit against rating agency Standard & Poor's over mortgage bond ratings, U.S. Attorney General Eric Holder said on Tuesday.
The civil suit against S&P and its parent McGraw-Hill Cos Inc is the first federal enforcement action against a credit rating agency over alleged illegal behavior related to the 2007-2009 U.S. financial crisis.
(Reporting By Aruna Viswanatha and Emily Stephenson; Editing by Gerald E. McCormick)
HASSA, Turkey/BEIRUT Turkey opened a new front in Syria's nearly seven-year-old war on Saturday, launching airstrikes against a U.S.-backed Kurdish militia in Afrin province that raise the prospect of a further strain on relations between Ankara and Washington. | Video