S&P may pay $1.5 bln over ratings - source
January 20, 2015 at 15:28 PM EST
NEW YORK, Jan 20 (Reuters) - Standard and Poor's is in talks to pay as much as $1.5 billion to settle with the U.S. Department of Justice and more than a dozen states over mortgage ratings issued in the run-up to the 2008 financial crisis, according to a person familiar with the matter.
