Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
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Standard & Poor Fined Paltry $1.4 Billion for Inflating Ratings On Subprime Mortgages
The ratings giant has settled with the Justice Department two years after it filed civil fraud charges accusing the company of giving overly rosy assessments on risky mortgage securities in the lead up to the financial crisis.