Seeking billions from S&P for inflated ratings, US seeks to cast blame for financial crisis

  • by: DANIEL WAGNER and CHRISTINA REXRODE , Associated Press
  • Updated: February 5, 2013 - 5:12 PM

WASHINGTON - The Obama administration on Tuesday accused Standard & Poor's of refusing to warn investors that the housing market was collapsing in 2006 because it would be bad for business.

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