Skip to comments.
SEC Reviewing S&P Handling On Downgrade
Reuters via Yahoo News ^
| 15 Aug 2011
| Sarah N. Lynch and Andrea Shalal-Esa
Posted on 08/15/2011 8:51:59 PM PDT by edpc
WASHINGTON (Reuters) - Examiners at the Securities and Exchange Commission are checking to ensure that Standard & Poor's followed all of its policies leading up to its downgrade of long-term U.S. debt, according to people familiar with the matter.
Compliance, Inspections and Examinations is part of its new authority under the Dodd-Frank Wall Street overhaul law.
Among other things, the law gives the SEC the power to continuously monitor credit-rating agencies and conduct annual inspections at each firm.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: business; downgrade; economy; standardandpoor
Heh....no agenda here....move along.
1
posted on
08/15/2011 8:52:05 PM PDT
by
edpc
To: edpc
It just couldn’t be Obama’s fault.
To: edpc
Will they be doing this in between looking and downloading from porn sites like that one guy who was found to have thousands of pics and videos?
3
posted on
08/15/2011 8:57:04 PM PDT
by
GrandJediMasterYoda
(Mark Halperin - Learned the hard way what happens when you speak the truth on PMSNBC.)
To: edpc
Are they going to review the credit agencies that DIDN’T downgrade the US?
4
posted on
08/15/2011 8:58:01 PM PDT
by
P-Marlowe
(LPFOKETT GAHCOEEP-w/o*)
To: edpc
They’re looking for the Smoking Gun that spells out “Tea Party”.
5
posted on
08/15/2011 9:01:41 PM PDT
by
DoughtyOne
(The Destroyer = anti-US, the West, Christians, Israel, banks, W.S., Corps, & the free enterpr systm.)
To: edpc
The SEC had no problem when S&P was giving mortgage derivatives AA+ plus rating, when everyone knew they were junk.
6
posted on
08/15/2011 9:09:06 PM PDT
by
guitarplayer1953
(Rebellion to Tyrants is Obedience to GOD! Thomas Jefferson)
To: edpc
Compliance, Inspections and Examinations is part of its new authority under the Dodd-Frank Wall Street overhaul law. Looks like Barry's good old boys anticipated these downgrades coming along. They created "laws" to protect their own asses. This "law" had nothing to do with Wall Street.
7
posted on
08/15/2011 9:09:48 PM PDT
by
FlingWingFlyer
(Americans need to wean their government off of its dependence on foreign money.)
To: edpc
I assume that this investigation shall be conducted in between their internet porn viewing sessions.
8
posted on
08/15/2011 9:30:15 PM PDT
by
Army Air Corps
(Four fried chickens and a coke)
To: edpc
What else would you expect from the O Nothing Administration?
9
posted on
08/15/2011 9:48:51 PM PDT
by
Rembrandt
(.. AND the donkey you rode in on.)
To: edpc
I thought they were reviewing Texas A&M as a potential member of the conference. They sure are stepping it up a notch! ;)
10
posted on
08/15/2011 11:20:14 PM PDT
by
ScottinSacto
(If anyone will beat Obama, let's not send just anyone. Cain/West 2012)
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson