Tagged: Lisa Madigan

Koster wants U.S. Supreme Court to reject individual health insurance mandate

Missouri Attorney General Chris Koster wants the U.S. Supreme Court to reject an individual health insurance mandate but uphold other parts of the federal health care law. Koster, a Democrat, said Tuesday his office filed a written argument in support of a lawsuit by Florida and other states.

Illinois Attorney General Lisa Madigan has filed suit against ratings agency Standard and Poor's for fraudulently assigning high ratings to mortgage-backed investments despite their risk.

The suit filed today in Cook County - the state's largest - argues that instead of independently evaluating mortgage-backed securities, S&P gave them higher ratings than warranted to benefit investment bank clients and the agency's bottom line.

Reporting from Illinois Public Radio's Sean Crawford used in this report.

Rod Blagojevich has forfeited all his state pension benefits. That's the opinion of Illinois' Attorney General.

The legal opinion likely means Blagojevich won't begin getting checks when he turns 55 this weekend.  The board overseeing the General Assembly Retirement System moved earlier this year to block the payments.