This is a bit rich coming from the US Govt.
Priceless !
BBC News - Standard & Poor's expects lawsuit over subprime ratings
Priceless !
BBC News - Standard & Poor's expects lawsuit over subprime ratings
It will be interesting and a good move by the Government. If the government win then it should send out a clear message that corporates have to face some responsibility, rather than focus purely on profits.
If a Company like Standard and Poors wishes to play at a Government level then they should ensure they have done all the due diligence or work to ensure their information is correct.
If the ratings had been dropped what precautions, if any, could have been taken?
It will be interesting and a good move by the Government. If the government win then it should send out a clear message that corporates have to face some responsibility, rather than focus purely on profits.
If a Company like Standard and Poors wishes to play at a Government level then they should ensure they have done all the due diligence or work to ensure their information is correct.
If the ratings had been dropped what precautions, if any, could have been taken?
C'mon!
How's this for a better headline: US Government sues the only rating agency that had the courage to downgrade US debt rating.
Agency downgrades US debt rating - MSN News UK
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