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Specifically, the big 3 ratings agencies - S&P, Moody's and Fitch - kept companies' credit ratings high for years after they should have been slashed due to inadequate capital, overstated assets, over-exposure to derivatives and other risky investments, and other chronic problems.
Indeed, emails show that the rating service employees knew they were acting fraudulently
- Ethan Allen and...
Member Submitted News
Sources Say Grand Jury Convened in Coverup of LaVoy Finicum Murder – 4 FBI HRT Team Members May Be Indictednewsguy76
Recent blog posts
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- The True Political Spectrum
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- Love Wins