They need to leave the US to protect their independence, try swiss
The investigation may have been started before the rate cut but the results of that investigation are now a forgone conclusion.
Ah, so nice to see the Chicago Thugs in action. I hope S&P prepared for this possibility.
I cannot stand obama. (little o, not a real god).
Ah, so nice to see the Chicago Thugs in action. I hope S&P prepared for this possibility.
I cannot stand obama. (little o, not a real god).
What took so long?
Der Fuhrer and his Gestapo are not happy campers right now. The folks down at S&P are about to get their butts handed to them. Never mess with der Fuhrer. This isn’t America anymore, Toto.
An investigation would lead back to banks then Congress itself, don’t expect much out of this probing. Maybe a scapegoat is found, at the most.
I have no problem with this. Selling bad loans caused this bitch.
S&P and Moodys have the cash to pay attorneys to defund against the witch hunt. Fitch is a small player and cannot affort the full on assault of the department of justice.
That’s why Fitch didn’t downgrade the US.
Either way, the cow poop is going to hit the high speed propeller.
You have got to Love this, So the Government is Going to Investigate S&P for rating those CraP mortgages the GOVERNMENT was Forcing Banks to Make to People who Couldnt Pay them Back TRIPLE A? Go ahead bring it on,Fannie and Freddie were Bundling these Crap things and Peddling them around the World as Triple A rated,Government backed,and Now the Government is saying they did not Know they were Crap but S&P should have Known?Who the Hell are they Kidding
This was the main headline on Drudge earlier this morning, but has now completely disappeared, even from the “recent Drudge headlines” link. hmmm...