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)
ANKARA Tayyip Erdogan and his ruling AK Party claimed victory in Turkey's presidential and parliamentary polls on Sunday, overcoming the biggest electoral challenge to their rule in a decade and a half. | Video