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Standard and Poor s made headlines earlier this month when it downgraded America s credit rating. SP is back in the headlines again because it is being investigated by the government for its role in the financial meltdown. CBS News correspondent Bob Orr reports on what SP is being investigated for. The Justice Department investigation is thought to be focused on one key question: Did Standard and Poor s manipulate its credit ratings of mortgage-backed securities in those years right before the financial meltdown.In its latest filing with the Securities and Exchange Commission, McGraw-Hill, the corporate parent of SP, confirms the company is a potential t <a href=https://www.stanley-cups.us>stanley website</a> arget, saying it s  ...received numerous subpoenas and other government inquiries concerning the rating activity of Standard  Poor s...                                         One of the three major bond raters, SP has come under fire since it downgraded U.S. credit on August 5. But the investigation by the Justice Department and SEC apparently began months ago.The New York Times, which first reported the story, says investigators want to determine if during the housing boom, SP gave top triple-A ratings to mortgage-backed securities, which some of its own analysts warned were more risky.      <a href=https://www.stanley-cups.us>stanley cup</a>      Did the ratings agencies have a basis for issuing the ratings,  asked Jacob Frenkel, who onc <a href=https://www.stanley-cups.ca>stanley cup</a> e investigated financial fraud for the SEC,  or did they somehow manipulate or inflate the reasons and what was Mqkk Invisible box challenge: Texas high school cheerleader  s   walk on air   goes viral on internet
Plant City Police say a fight between rival groups at a high school basketball game spilled over into a violent confrontation with officers, leaving one man shot.Around 9:35 pm on Friday, Plant City Police say they got a 911 call about a large, hostile group at the McDonald s on James L. Redman Pkwy. A school resource officer had previously seen the group leave a basketball game between Plant City High School and Durant High School, who are cross-town rivals, police said.When they arrived, police say a man fired at least one round in the direction of a uniformed police officer who was there to investigate. Police now say that man is Isaac Macher Thomas, 24, of Winter Haven.Police said Thomas then left the McDonald s in a four-door white sedan. Officers said they followed Thomas as he took off in the sedan.Thomas tried to turn eastbound onto Reynolds Str <a href=https://www.nikeairforce.es>af1</a> eet, but couldn t negotiate the turn, went off the road and crashed into a dental office suite, police said.After the crash, police said Thomas tried to run away <a href=https://www.salomonschuhe.com.de>salomon supercross</a>  from the crash. Police said a second officer arrived on the scene and Thomas pointed a firearm at the officer  in a threatening manner. The officer said he became fearful his life was in imminent danger and fire his service weapon at Thomas. Thomas was hit and taken into custody. He was then taken to Lakeland Regional Medical Center with non-life threatening injuries, police said.The PCPD officer involved in the shooting was Serg <a href=https://www.adidas-yeezys.es>adidas yeezy</a> eant James Burchett, police said.Burchet
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