If Trump indeed tanks your 401(k) to make himself and his friends even richer, the opposition party should make that the centerpiece of their attack heading into next year’s election.
S&P inflated ratings
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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.
