Tuesday, February 3, 2015

File Under: Actually Getting Things Done

According to a release this morning from the Mississippi AG's office, Mississippi's Jim Hood has lead the way for a 1.375 billion (with a b!!!) settlement with Standard & Poor, finally holding SOMEONE accountable for misleading investors in the lead up to the 2008 financial crisis.

“This settlement is the culmination of years of hard-fought litigation against an industry giant,” said Attorney General Hood.  “The result is historic because it finally and indisputably holds S&P accountable for its role in the financial crisis.  The size of the settlement and the successful partnership between the States and the Department of Justice send a strong message that no company is above the law.”
Hood's leadership on this issue is a landmark achievement, and proof that while some statewide leaders look the other way from problems (or worse, exacerbate them), Hood continues to be a voice for working Mississippians.

If only state Republicans took their jobs seriously.

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