Al Franken actually said...

Repeatedly S&P promised that its ratings would be objective and independent even though the banks and other institutions hired S&P to rate these financial products.

Context

Franken discusses S&P's compromised rating system and its impact on the financial crisis.

05/22/2013

https://www.congress.gov...

More Al Franken Quotes

The Declaration speaks to precisely those issues and directs us to overcome those challenges.
6/8/2011
I want to focus a lot of my questions on this, because we are at a time now when we are looking at our long-term sustainability of our budge...
6/8/2011
We know that kids with quality early childhood education... have better outcomes in so many different ways.
6/8/2011
Think about that. When you think about our budget and what we are spending on, let's consider that.
6/8/2011

View All Al Franken Quotes