S&P now under investigation by Justice Department

[Mairéad]

http://money.cnn.com/2011/08/18/news/companies/sp_investigation_mortgages/index.htm?hpt=hp_t1

 

[YosefW]

lol

 

[AVIKANT DEEPAK DUTT]

[No message]

 

[robertson249]

don't shit where you eat bro

 

[JessicaAmber87]

That's not retaliatory or anything.

 

[Murcatko]

don't fuck with the US credit rating son

 

[childlibr53]

Who didn't see this coming?

Base your company in America
Fuck with America
America will fuck you back

 

[Navo Senthil]

I eat pieces of shit for breakfast

 

[Leann T]

you eat pieces of shit for breakfast?

 

[Merkel]

shocking

 

[CBOLAR]

[y]3LAnmnS0-9g[/y]

 

[Planet]

S&P is a joke, and they don't seem to have improved much since the rabS/Lehman debacles. Just before they downgraded treasuries they threw the CrabS market in to a tailspin by declining to rate a new Goldman/Citi issuance after previously agreeing to rate it. They cited a discrepancy in methodology between two departments and claimed they wouldn't rate any CrabS until further notice, then backtracked like a week later after GS/Citi had pulled the deal.

Now municipalities are dropping their ratings on their investment portfolios. No one has any faith in their ratings any more.

 

[Falling Upward]

[No message]

 

[ChefC]

arent they also investigating them for insider trading on the downgrade?

 

[NKO the new legend killer]

Moody's & Fitch pretty did a to S&P this week.

stupid move by S&P with their credit rating media rodeo

 

[kakashi2407]

Obama mad

 

[Kathryn G]

Not at all.

 

[Sexy Bitch]

Banana republic.

 

[randomtigers]

O WE MAD

 

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S&P bout to get F'd in the A