Make Wall Street Pay Illinois holds Standard and Poor’s accountable

On Wednesday, Make Wall Street Pay Illinois activists attempted to meet with the Standard and Poor’s (S & P) Chicago office at 130 E. Randolph to ask them who holds them accountable. Earlier in the week, S & P downgraded the U.S.’ credit rating for the first time ever. S & P was the leading credit rating agency that gave toxic bonds and foreclosed mortgages the highest credit rating, leading to the collapse of the economy three years ago.

After S & P refused to speak to the group, activists held a mock trial in the lobby of building, unanimously ruling S & P should receive a Triple F rating (video posted below).

Progress Illinois, a political blog, covered the event, here: http://www.progressillinois.com/quick-hits/content/2011/08/10/illinoisans-sps-we-want-our-money-back

Thanks, Progress Illinois!

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Posted on August 13, 2011, in Uncategorized. Bookmark the permalink. Leave a comment.

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