Start A Petition

S&P Lowered Standards on Ratings, SEC Says

Business  (tags: Standard Poors Bond Rating Service, economy, ethics, dishonesty, marketing, business, usa, SEC, New York, Massachusetts, financial crisis, DOJ, fines, suspension )

- 1522 days ago -
Standard & Poor's Ratings Services softened standards to win business and misled investors long after the end of the 2008 financial crisis, regulators said Wednesday as they announced a settlement over the firm's bond-grading methods.


We hate spam. We do not sell or share the email addresses you provide.


Lynn Squance (235)
Wednesday January 21, 2015, 11:27 pm
This is a start but so much more needs to happen with the big banks and rating agencies like S&P all trying to keep their inflated business and scams alive. This is why the US needs Elizabeth Warren in the US where she can put her claws into these practices.

Birgit W (160)
Thursday January 22, 2015, 1:55 pm
Thanks for sharing Lynn.

Roger G (148)
Thursday January 22, 2015, 2:39 pm
noted, thanks

Lois Jordan (63)
Thursday January 22, 2015, 3:08 pm
Noted. Thanks for posting, Lynn. Yes, I agree it is a start. Cheaters and their scams are destroying so much and too many. Where is the jail time for these thieves?

. (2)
Friday January 23, 2015, 3:24 am

William Moorman (22)
Friday January 23, 2015, 5:44 am
Nothing new in Washington

Winn A (179)
Friday January 23, 2015, 7:48 am
Absolutely agree - America needs Elizabeth Warren!

Roslyn McBride (28)
Friday January 23, 2015, 1:19 pm

Jack B (313)
Friday January 23, 2015, 6:45 pm
Thanks and noted

arnold B (12)
Saturday January 24, 2015, 2:33 pm
Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)

Track Comments: Notify me with a personal message when other people comment on this story

Loading Noted By...Please Wait


butterfly credits on the news network

  • credits for vetting a newly submitted story
  • credits for vetting any other story
  • credits for leaving a comment
learn more

Most Active Today in Business

Content and comments expressed here are the opinions of Care2 users and not necessarily that of or its affiliates.

New to Care2? Start Here.