According to CNBC Standard and Poor's has hired John Keker,
one of the country's top white-collar defense attorneys, to help fight a $5
billion lawsuit brought by the U.S. government this week. Keker, who is based in San Francisco and has
represented everyone from cyclist Lance Armstrong to Enron's Andrew Fastow, was
hired at the recommendation of Floyd Abrams, a prominent New York attorney who
also represents the ratings firm.
The U.S. government sued Standard & Poor's in federal
court in Los Angeles on Monday, accusing the McGraw Hill Companies unit of a
scheme to defraud investors in mortgage-related securities that collapsed in
the financial crisis….
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