Initially I was thinking this might provide a good forum to explain why U.S. debt should be downgraded.
But now I see that this is not an investigation because the chairman of the committee has stated before the first witness appears that this was an irresponsible move by the S&P.
RE: this is not an investigation because the chairman of the committee has stated before the first witness appears that this was an irresponsible move by the S&P.
Let’s cut through the BS and call it what it is — INTIMIDATION. That’s all. They are also doing this to make it serve as a warning to other ratings agencies to BEHAVE OR ELSE...
Notice how these bunch of bozos work -— How completely predictable, don’t deal with the real problem, just torture the messenger.