SEC fines or Settlement will be $6 to $9 Per share on 277Million Shares!
Fine or settlement will be in mid $1 to mid $2 billioon! I say S&P deserves to file bankruptcy - They have caused enormous Trillions of Dollar Pain to the US economy. What happens when individual CDO buyers come into Cliam money!!!! Good Bye you Risk Managing Pundits...Risk Mgmt...Funny you dumboz.
If S&P doesn't settle quickly then hello more trouble. Obama is for another 4 yrs. S&P killed/pushed US economy back worse than 9/11 setback in economic terms. They were rubber stamping Shlit CDOs with AAA stamps!