On the recordMay 22, 2013
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.
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congress.govAl Franken: “Repeatedly S&P promised that its ratings would be objective and independent even though the banks and other institutions…”
Editor's note · Context
Franken discusses S&P's compromised rating system and its impact on the financial crisis.
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