US Will Finally Sue Standard & Poor's

The Justice Department has finally announced that it will bring a billion dollar suit against Standard & Poor's, the omnipotent ratings agency that led investors into the great crash.  But did it have to take six years to get action out of the Justice Department?  It is too bad that of all the cabinet members who've left Washington in the last few months, Eric Holder is the exception.  What would Bobby Kennedy think of his successor?

http://dealbook.nytimes.com/2013/02/04/u-s-and-states-prepare-to-sue-s-p-over-mortgage-ratings/?nl=todaysheadlines&emc=edit_th_20130205