Revenge: Obama Admin Sues S&P for $1 Billion

by Stephan Tawney on February 5, 2013

They claim it’s due to pre-recession bad credit ratings. But other credit ratings agencies did the same, and they’re not being sued.

Why is S&P receiving the special ire of the Obama Administration? Perhaps because it was the only agency that dared to downgrade America’s credit rating, embarrassing Barack Obama and undermining his agenda.



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