Illinois to get $52.5 million from $1.4 billion S&P settlement

This entry was posted by Lagrangian Point on February 3, 2015 at 3:48 pm

Illinois to get $52.5 million from $1.4 billion S&P settlement

Further, Illinois charged that the sale of those risky investments laid the groundwork for the nation's housing crisis and financial meltdown as investors lost billions of dollars tied to bonds backed by risky subprime mortgage loans. In 2013, Illinois …

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