S&P will pay nearly $1.4 billion to settle financial crisis litigation

General Views Of Standard & Poor's Financial Ratings Agency
Standard & Poor's Financial Services LLC signage is displayed outside of the company's building in New York, U.S., on Tuesday, April 10, 2012. Standard & Poor’s plans to review its criteria for evaluating U.S. local-government debt to make the ratings more comparable with grades on other bonds, the company announced earlier this year. Photographer: Michael Nagle/Bloomberg
Photograph by Michael Nagle — Bloomberg