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Reply #6: The bi-partisan Senate Committtee last week said that [View All]

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sabrina 1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-25-11 04:36 PM
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6. The bi-partisan Senate Committtee last week said that
they were referring their findings to the DOJ. Their findings showed the Standard & Poors helped in the fraud that collapsed the economy by giving high ratings to assets that were bad. The Committee wants an investigation to find out why S&P among others, did not know that they were assisting in a fraudulent scheme to deceive investors.

Thanks for this thread, I have been waiting for someone in the media to mention Sen. Levin's Committee's findings regarding S&P's role in the collapse but so far, it has not been mentioned.

It looks like they are once again participating in defrauding the public and it is a shame we do not have a DOJ or a media that will even question them.
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