Justice Department Files Suit Against Credit Rating AgenciesConnecticut's Attorney General joined other state attorneys geeneral and top justice department officials to announce the first major government action against a credit-rating agency, saying Standard & Poor's knowingly inflated its ratings on risky mortgage investments that helped trigger the 2008 financial crisis.
Officials Predict No Debt Rating Fallout In CTGov. Dannel P. Malloy and his budget director say they don't expect Connecticut's bond rating to feel the ill effects of Standard and Poor's decision to downgrade the federal government's bond rating.

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