Why Aren't We Prosecuting Singing S&P Fraudsters?

William Greider wonders if this is Obama's Watergate

By Kevin Spak,  Newser Staff

Posted Feb 6, 2013 1:31 PM CST

(Newser) – The Justice Department's lawsuit against Standard and Poor's looks pretty damning. According to the suit, S&P knew its ratings on mortgage bonds were too loose, proposed upgrading them in 2004—and then decided not to because it would hurt the bottom line,...   Read full story »


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