U.S. sues S&P over subprime ratings

The Justice Department has filed a lawsuit against Standard & Poor’s, bringing renewed focus to the inaccurate ratings of subprime mortgage securities that helped trigger the financial crisis. A spokeswoman for Justice confirmed that the suit was filed in federal court late Monday in Los Angeles. Attorney General Eric Holder […]

Mollah gets life term for war crimes

Source: The Daily Star. International Crimes Tribunal-2 on Tuesday sentenced Jamaat leader Abdul Quader Mollah to life term imprisonment for his crimes against humanity during the country’s Liberation War in 1971. Tribunal Chairman Justice Obaidul Hassan came up with the judgement after the summary of the 132-page verdict was read […]