Overhaul of rating agencies bogs down four years after financial crisis

Jia Lynn Yang and Dina ElBoghdady, Washington Post The Justice Department’s lawsuit against Standard & Poor’s this week has revived focus on the role of the rating agencies in causing the financial crisis. Yet four years after shoddy mortgage investments bearing top grades nearly took down the country’s economy, government attempts to revamp the rating-agency industry have stalled. Nearly everyone […]