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Janet Mills on Corporations

 

 


Won $21.5M settlement against S&P's mortgage practices

Maine is receiving more than $21.5 million as part of a $1.375 billion multi-state settlement of a lawsuit against credit ratings agency S&P. Maine Atty Gen Janet Mills says it's the largest one-time settlement in Maine history. "Holding S&P accountable for these practices tells Wall Street we will not tolerate acts that deceive investors and devastate our economy." Their practices ultimately led to the proliferation of low quality mortgages and the housing bubble and subsequent crash.
Source: MainePublic.org on 2018 Maine Gubernatorial race , Feb 4, 2015

Other candidates on Corporations: Janet Mills on other issues:
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