US sues Standard and Poors for $5 Billion.

[ZenOps]

http://ca.reuters.com/article/businessNews/idCABRE9130U120130205

How dare they rate US housing as AAA. Liars! Time to sue.

[rage2]

I was gonna post this up on the Moody's thread. They'll be next!

[davidI]

I am actually impressed by this. The ratings agencies may have been the biggest culprit in the 2008 crisis. Good to see they're trying to hold them at least a little bit accountable.

[Frankie88]

Moody's and Fitch will be next!

For fueling the crisis by giving AAA ratings to trillions of dollars insecurities backed by subprime mortgages, these rating agencies got a big bill coming due.

[e36bmw///]

nm

[Seth1968]

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