Description: Standard & Poorâ€™s, Moodyâ€™s Corp. and Fitch Inc. were sued by Ohio Attorney General Richard Cordray, who said the three companies disregarded their responsibility to provide â€œaccurate credit ratings of investments.â€
Questions for discussion:
- Summarize the arguments for and against the defendants in this case?
- Do you agree with the tenets of this lawsuit? Explain your thinking.