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ratings downgrade

Not a Shocker: S&P Being Investigated

August 18, 2011

After giving the United States its first ratings downgrade, S&P is suddenly under investigation for ratings games they may have played before the mortgage crisis. I can’t say I’m shocked, but I have two minds on this.  First, I think all the ratings agencies should have been investigated as early as 2006, when it started [...]

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