Embarrass the White House, and the DoJ comes after you. So we have our own Hugo Chavez now.
Thursday, August 18, 2011
DoJ now probing S&P over mortgage-bond ratings « Hot Air
DoJ now probing S&P over mortgage-bond ratings « Hot Air: S&P bond ratings have been in the news of late, haven’t they? The rating agency downgrade of American sovereign debt embarrassed the White House and touched off a firestorm of controversy across the political spectrum. Now, just coincidentally, the Department of Justice has decided to launch an investigation of S&P over the ratings it gave mortgage-backed securities during the lending bubble: