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U.S. Politics
US seeks more than $5 bln in suit against S&P -attorney generalView the full event
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)by anthony.derosa 2/5/2013 4:42:31 PM
Syrian foes move towards talks but fighting rages
BEIRUT - Syria's opposition and the government of President Bashar al-Assad seem to be preparing to take part in an international peace conference against a background of some of the worst fighting this year. | Video
- Iran bars candidates for presidential election
- Attacks in Iraq kill over 40, sectarian tensions high
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- As U.S. struggles with Syria policy, Senate panel backs arming rebels
- With wary eye on the U.S., China courts India
- Egyptian army blocks Sinai roads in hunt for kidnappers
- UK coalition to last despite rifts, infighting: Deputy PM
- China's bird flu outbreak cost $6.5 billion
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