Was revenge a factor in feds’ Standard & Poor’s action?

by Walter Olson on August 20, 2013

“Standard & Poor’s is trying to show it was unfairly singled out in a $5 billion fraud lawsuit 18 months after it downgraded U.S. sovereign debt. Getting the government to provide supporting evidence will prove difficult.” [Bloomberg Business Week]

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"S&P: US lawsuit is 'retaliation' for ratings downgrade" - Overlawyered
09.06.13 at 12:45 am

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1 No Name Guy 08.20.13 at 3:19 pm

“Was revenge a factor in feds’ Standard & Poor’s action?”

Duh.

The current crop of losers in DC only understand the blunt instrument of retaliation and ham handed responses. I guess they really did learn the “Chicago” way. For a couple other recent examples: Witness Greenwald’s aide in London. Witness the Prime Ministers DIPLOMATIC plane being diverted and searched while looking for Snowden.

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