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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Feb 04, 2015

Page

7

Iowa to get 21.5 million from S and P settlement

Iowa will receive 21.5 million as part of a 1.375 billion multi state and federal settlement with Standard & Poor's Ratings Services over alleged misled investors in the 2008 financial crisis. The funds will mostly go to seven public employee retirement systems, including IPERS and the in state public pension programs. The agreement requires S and P to comply with consumer protection laws and allows AGs to enforce future conduct.

Standard & Poor's Des Moines Ratings Services LLC Iowa Structured Finance Washington, D.C U.S. Department of Justice Standard & Poor Credit Rating S&P’s Wall Street Miller Tlement Iowa Public Employees Peace Officers Municipal Fire and Police Retirement System Iowa Judicial Retirement Fund Teachers Insurance and Annuity Association-College S&p McGraw Hill Financial Inc Justice Department Adbostantinegazett.com Ad Boshahe Tom Miller Standard & Poor's Ratings Services Patrice Sayre Iowa Board of Regents Donna Mueller Iowa Public Employees Irement System

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