S&P now under investigation by Justice Department

i read this article by an investment banker who had worked with them a lot and said they were all complete idiots over at Standard and Poors. He said they would have to generally durab things down when explaining them stuff.
 
They did admit to the US Gov't that they were capable of making a $2 Trillion error in calculations.

Why not check to see if they ignored errors in the past in order to keep the profits flowing

The DOJ is going after the rating agencies now and will likely clean the floor with them over the rabS nonsense.
 
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