Moody's Fate in Subprime Probe to Be Decided Soon by U.S.

  • Probe is one of Justice Department's last looks at crisis era
  • S&P reached $1.5 billion settlement in 2015 over bond ratings

The U.S. Justice Department will decide in the next few months whether it will sue Moody’s Corp. for allegedly inflating ratings on mortgage bonds at the heart of the 2008 financial meltdown, according to people familiar with the matter.

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