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This one sentence says it all - and took the words out of my mouth .... but first, my own words, before reading the 'one sentence'.
Does ANYBODY seriously believe that S&P and the other credit rating agencies are not making BILLIONS if not TRILLIONS off of their so-called 'credit ratings' ? S&P and/or people closely associated with them, in control of them .... the 'PTB'.
Now, for the one sentence ....
Documents released by Congressional investigators also pointed to serious conflicts of interest [15] that caused some ratings firms to bend to the wishes of the banks that paid for their ratings.
That is only the tip of the freakin' iceberg, folk - if it is that blatant in documents that Congressional investigators can actually get their hands on AND release the info publicly - the 'rest of the story' is beyond imagining - except for those of us that don't have our heads firmly up our posteriors.
Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ... |