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2011-08-25 Home Front: Politix
S&P chief to step down amid criticism
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Posted by Fred 2011-08-25 00:00|| || Front Page|| [3 views ]  Top

#1 The only man with integrity in the business had to step down because some a-hole president decided to investigate the agency. S&P should have downgraded the FED two years ago.
Posted by newc 2011-08-25 11:19||   2011-08-25 11:19|| Front Page Top

#2 Yeahhhhhh. Just for grins, I googled McGraw Hill. Interesting. You talk about your conglomerates...Of course, they claim that "S&P's rating decision-making process is separate, fire-walled, and independent from the rest of our business". I believe that...just like I believe in Santa Claus and the Tooth Fairy...especially since it seems that McGraw Hill is also heavily involved in construction. Hmmmmmmmm. And, as I perused their website, I noticed a press release on Sharma's replacement, Douglas Peterson. Yep. Now if you want some real fun, google "S&P mortgage securities rating" and check out all the hits about the Justice Department investigating S&P's role in the mortgage meltdown. Well, I have to take all that with a grain of salt because, after all, the government had a bit of a role in the mortgage meltdown as well. Can you say "scapegoat"? I knew you could. Hey, I have an idea. Maybe the Justice Department should investigate Bawney Fwank! Nah. Never happen.
Posted by Ebbang Uluque6305 2011-08-25 11:51||   2011-08-25 11:51|| Front Page Top

#3 So while the US Dept. of Justice harasses S&P, the largest theft in world history continues, scarcely abated by the Great Recession and ignored by Eric "Place" Holder, zombie Attorney General. Stop the looting, start prosecuting? Nah...
Posted by Anguper Hupomosing9418 2011-08-25 12:01||   2011-08-25 12:01|| Front Page Top

#4 Stop the looting, start prosecuting?

What's the point of taking all the trouble to get elected if you can't do a little looting?
Posted by Ebbang Uluque6305 2011-08-25 12:37||   2011-08-25 12:37|| Front Page Top

#5 Why bother to get elected when you can just contract things out to fools like Obama, Geithner & Holder?
Posted by Anguper Hupomosing9418 2011-08-25 16:10||   2011-08-25 16:10|| Front Page Top

#6 And Fwank. Don't forget Fwank.
Posted by Ebbang Uluque6305 2011-08-25 16:28||   2011-08-25 16:28|| Front Page Top

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