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.
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