Posts Tagged ‘frat party’

Busting the Rating Agency

Busting the Rating Agency

By The Banker | Blog Posts, Wall Street

Yo everybody 5-0! 5-0!  The cops are here! The US Justice Department filed a lawsuit yesterday against Standard & Poors, for its role in over-rating mortgage bonds, CDOs, and other securities in the years 2004 to 2007, securities which later proved to be weapons of mass financial destruction – the initial catalysts of the Great [&hellip