Morning Scan: S&P, DOJ Reach Hard-Won Deal; Lending Club Joins U...

Receiving Wide Coverage ...

Long Time Coming: It's been a long and bloody road to a $1.37 billion settlement between Standard & Poor's and the U.S. Justice Department. The deal, announced Tuesday, resolves accusations that S&P misled investors about the credit quality of mortgage-backed securities in the run-up to the financial crisis. But the media coverage is far more focused on what happened during the two years it took the parties to reach an agreement. S&P...