04/12/2010
https://www.congress.gov...
"For a hundred years, Main Street investors trusted U.S. credit rating agencies to guide them toward safe investments."
"Those toxic mortgages were scooped up by Wall Street firms that bottled them in complex financial instruments."
"So the market share was a factor there as well as to whether or not you would use the new available information to re-rate the existing securities?"
"Market share should not be driving ratings."