Why the New York AG Is Investigating S&P

The video discusses the New York State Attorney General's investigation into Standard & Poor's (S&P) for potentially bending rules to rate mortgage-backed securities. The investigation, reported by Bloomberg, is part of ongoing scrutiny since the financial crisis. It highlights the challenges of lengthy investigations, such as the statute of limitations and the tendency for organizations to settle. The video concludes with a discussion on potential outcomes and the role of legal tools in reaching settlements.

What is the main focus of the investigations being conducted by the AG in New York State?

Why is there a delay in the investigations related to the mortgage-backed securities?

What role does the SEC play in the investigations mentioned in the text?

Discuss the implications of the statute of limitations on the investigations into mortgage-backed securities.

What challenges do organizations face when pursuing legal action against large corporations like Standard and Poor's?