'Moody’s, S&P Caved to Goldman, UBS Mortgage Pressure, Levin Says'

goldman saks?...........those bastards...................from bloomberg..............

"Moody’s Investors Service and Standard & Poor’s adjusted the way they graded securities after Goldman Sachs Group Inc., UBS AG and at least six more banks pressured them, according to a U.S. Senate report.

The world’s two largest bond-ranking companies, both based in New York, made exceptions to rules when bankers asked for better safety ratings on complex mortgage-backed securities, the Senate Permanent Subcommittee on Investigations said yesterday. When Moody’s and S&P changed their assessments of hundreds of those bonds in July 2007, it helped trigger the financial crisis, the panel said"............read more here

PUT THESE BASTARDS IN JAIL............NOW........