Moody's pays $864 million to U.S., states over pre-crisis ratings

http://feeds.reuters.com/~r/reuters/businessNews/~3/NTjdNVQumow/us-moody-s-credit-idUSKBN14X2LP

This is a great post.

NEW YORK (Reuters) - Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday.

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