After the Justice Dept announced they intend to sue S&P over 2007 mortgage ratings, the stock of McGraw-Hill, parent company of S&P, dropped 13.8%.
Why isn't the gov't also going after MOODY'S and FITCH? - according to Michael Lewis' THE BIG SHORT, all three rating agencies were doing the same thing.
"...the empty desks of 20 children marked absent today, and forever"
-Poet Richard Blanco at President Obama's Inauguration, 01/21/13