Here's how much money Standard & Poor's has made rating bonds for the last few years: What does that chart tell you? Not much, right? S&P made a lot of money rating stuff before the credit crisis. Then a credit crisis happened, and it had less stuff to rate. Then, you know, stuff came back to be rated, and there S&P was to rate it. Now it's rating as much stuff as it was back in the pre-crisis glory days of rating stuff. It's a pretty boring story. Here's another story about S&P: Our suit alleged that, from at least 2004 until 2007, S&P engaged in a scheme to defraud investors by knowingly issuing inflated credit ... (Read the full story)
