Wednesday, August 10, 2011

S&P Can't Hide Dirty Dealings With Wall Street

Michael Daly, NYDN
You stand in front of Standard & Poor's bustling headquarters on Water St. and wonder why anybody listens to it, why it was never held accountable, why it is even still in business.The front of the building should be taped off like a crime scene or boarded over like some foreclosed home. And S&P should not even be in a position to lower the U.S. rating and panic already jumpy investors worldwide, much less with calculations involving a $2 trillion error.

Source: http://www.realclearpolitics.com/2011/08/09/sampp_can039t_hide_dirty_dealings_with_wall_street_261152.html

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