I’m Sure It’s Coincidence – U.S. Inquiry Said to Focus on S.&P. Ratings

While the investigation may have been going on before the downgrade of the U.S., I wonder if the investigation got a little more sense of “urgency” after it happened.

The Justice Department is investigating whether the nation’s largest credit ratings agency, Standard & Poor’s, improperly rated dozens of mortgage securities in the years leading up to the financial crisis, according to two people interviewed by the government and another briefed on such interviews.

via U.S. Inquiry Said to Focus on S.&P. Ratings – NYTimes.com.

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