The justice department is suing S&P for $5B and charging that it defrauded investors by issuing ratings it knew to be misleading. The credit reporting agencies know they make a lot of mistakes with our credit reports and do very little to fix them. Why isn't the Justice department suing them?
The Feds' fraud suit against S&P
By The Week's Editorial Staff | The Week – Fri, Feb 8, 2013
http://news.yahoo.com/feds-fraud-suit-against-p-064400745.html;_ylt=A2KJ...
February 10, 2013 7:04 PM
40 Million Mistakes: Is your credit report accurate?
http://www.cbsnews.com/8301-18560_162-57567957/credit/