Book Critical Of McGraw-Hill’s S&P Unit Goes Elsewhere

“A book critical of Standard & Poor’s credit-rating service will be published by John Wiley & Sons Inc. after the author took back his manuscript from S&P-owner McGraw- Hill Cos.” Author Barry Ritholtz has said that “he withdrew the manuscript from McGraw-Hill after the New York-based publisher edited a section in which he wrote that its S&P unit, Fitch Ratings and Moody’s Investors Service inflated their opinions in exchange for fees.”