U.S. seeks 1 Billion + from S&P

[sudoTrader]

U.S. Sues S&P Over Ratings
Justice Department Says Endorsements of Risky Mortgage Bonds Fueled Crisis
http://online.wsj.com/article/SB10001424127887324445904578284064003795142.html

Loaded up on a bunch of puts on MHP which are up nicely.

 

[SeventhCereal]

US government is so dumb. S&P should give these idiots another downgrade see how many billions that will end up costing.

Quote from sudoTrader:

U.S. Sues S&P Over Ratings
Justice Department Says Endorsements of Risky Mortgage Bonds Fueled Crisis
http://online.wsj.com/article/SB10001424127887324445904578284064003795142.html

Loaded up on a bunch of puts on MHP which are up nicely.

 

[d08]

The whole ratings game is crooked. It's about time someone was made to pay about this whole farce. Countries and companies are held hostage to the ratings agencies and their motives are convoluted at best.