McGraw Hill Financial has hired Brownstein Hyatt Barber Schreck for Washington representation of financial matters.
Its Standard & Poor’s unit has been under a legal assault in the aftermath of the financial meltdown.
New Jersey sued S&P on Oct. 9, charging S&P misled consumers about the independence and objectivity of its credit ratings.
The Justice Dept. filed a suit in February. That action was followed by lawsuits in Pennsylvania and Indiana.
McGraw Hill on its website posted a vigorous defense of S&P dismissing the DOJ and state lawsuits as “meritless.”
It says “S&P’s inability—together with the Federal Reserve, Treasury and other market participants, to predict the extent of the most catastrophic meltdown since the Great Depression reveals a lack of prescience, but not fraud.”
BHBS staffers working the McGraw Hill business including William Moschella, former associate deputy attorney general at Justice; Marc Lampkin, ex-general counsel at the House Republican Conference; Michael Levy, one-time deput undersecretary at Treasury Dept., and Carmecita Whonder, alum of Sen. Chuck Schumer’s office.
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