5. We whall see whether they have destroyed their internal documents and, if not, what they show.
Should be interesting. Whether S&P wins or loses, the discovery and possible trial will tell us a lot about what really happened, and that makes it worthwhile.
Because we will never find out what really happened at the S&P without a legal process.
That goes for the banks too, and it is a crying shame that the Justice Department has gone so easy on those institutions and has not made the results of their investigations known in clear language to the public. We have a right to know. Investors have a right to know what the Justice Department really found in its claimed investigations of the mortgage industry and the banks. We taxpayers paid for the investigations, but the Justice Department has not been open about the details of what they found.