Maybe, but don't you find it quite ironic that they gave junk mortgage-backed securities such high ratings, arguably causing the whole crisis which lead to the huge bailouts, then they downgraded the credit rating of the United State of America, which spent Billions trying to avoid the crisis??
I really don't care if this is, at least in part, retaliation - I say drop the hammer on them! I'd love to see federal prosecutions of S&P executives.
Just my opinion,
Robert A. Franco
SOURCE OF TITLE
to post a reply:
login - or -
register