Ah, our old friends at Standard & Poors are trying to play hero...or something responsible...I think. One never knows with greedy financial characters.
These are the same geniuses and/or crooks that caused me to lose about 75% of a major investment sum, because they dressed up worthless junk as something AAA. Now, they expect us to believe whatever they peddle and still collect money from questionable companies seeking the same gilt rating. The US Government must not have paid them enough, although they did not throw them in prison and let them stay in business spouting lies.
This New Yorker pieces pegs them good.
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Prior to writing novels, the author enjoyed a multifaceted career: from decorated combat aviator to advertising professional to global communications director of a major consumer brand. He has traveled the world and met sports, film and television stars, political leaders, and royalty. He graduated from Middlebury College, is married, lives in Germany, and has two grown children.