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News  |  Magnolia Tribune  • 
February 5, 2013

MS Power’s $1-billion bond bill could be taken up this week

MS Power’s $1-billion bond bill could be taken up this week Senate Bill 2755, the “Mississippi Public Utility Rate Mitigation and Reduction Act,” ?and its companion, House Bill 1134, are likely to be taken up early this week. These bills would allow Mississippi Power Company (via a “special purpose entity”) to sell up to $1…
News  |  Magnolia Tribune  • 
February 5, 2013

Attorney General Hood Applauds Multistate Coalition Challenging Standard & Poor’s Ratings

Structured Finance Securities Backed by Subprime Mortgages Contributed to the Financial Crisis February 5, 2013 Contact: Jan Schaefer Public Information Officer Jackson, MS–Attorney General Jim Hood today welcomed additional federal and state enforcement actions against Standard and Poor’s seeking accountability for alleged misconduct by the credit rating agency involving structured finance securities backed by subprime…