Analysis - U.S. lawsuit casts a pall over S&P
(Reuters) – Lawyers for Standard and Poor's, responding to a U.S. government probe, have tried for months to show it did nothing wrong in rating exotic securities in the run-up to the financial crisis. In one meeting, the McGraw-Hill Cos Inc unit, which owns Standard & Poor's Financial Services LLC, made a two-hour presentation in front of about 50 lawyers from the Department of Justice and the Securities and Exchange Commission, a source familiar with the matter said on Tuesday. But the Justice Department stood firm, telling S&P lawyers that their views were "miles apart," the source said. …
Stabbing at Ecuador campaign rally not politically motivated: Correa
QUITO (Reuters) – A knife attack in Ecuador that killed two government supporters was perpetrated by a man under the influence of drugs and alcohol and wa s not politically motivated, President Rafael Correa said on Tuesday. The man killed two Correa supporters and injured five more at a campaign rally on Monday, about two weeks before a presidential election that the leftist leader is expected to win comfortably. "There is no indication that this attack may have been politically motivated. …
Tsunami generated by 8.0 quake in South Pacific
SYDNEY (AP) -- A powerful earthquake in the South Pacific generated a tsunami Wednesday that prompting warnings to several island nations.
Tuesday, February 5, 2013
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