How nice that the good folks at the Department of Justice are getting around to charging the good folks at McGraw-Hill and Standard & Poor's for that untidy mess involving all those years of ratings. Not that anyone in regulation ever had even so much as an inkling that the whole rating biz was just a tad conflicted when all those uppercase letters and minus and plus signs were being awarded.
How nice that the good folks at the Department of Justice are getting around to charging the good folks at McGraw-Hill and Standard & Poor's for that untidy mess involving all those years of ratings. Not that anyone in regulation ever had even so much as an inkling that the whole rating biz was just a tad conflicted when all those uppercase letters and minus and plus signs were being awarded.