We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
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.
