Standard & Poor

Standard and Poor by Richard

Standard and Poor’s tried to settle with US regulators. The ratings agency is willing to pay up to $1 billion to resolve a  $5 billion government lawsuit that accused the company of inflating ratings for mortgage bonds to boost fees from issuers or let's call it greed.

Standard & Poor's credit ratings express the agency's opinion about the ability and ... in measuring creditworthiness and uses a specific rating scale.

So I guess we will soon read Standard & Poor's Ratings Services slashed its rating on the Standard & Poor's opinion accuracy by four notches to B- from ...