Biden cared more about the appearance of having an independent DOJ untainted by politics than he did about holding an unrepentant criminal ex-president accountable.
Standard & Poor's
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Standard & Poor Fined Paltry $1.4 Billion for Inflating Ratings On Subprime Mortgages
The ratings giant has settled with the Justice Department two years after it filed civil fraud charges accusing the company of giving overly rosy assessments on risky mortgage securities in the lead up to the financial crisis.
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The Last Mystery of the Financial Crisis
It's long been suspected that ratings agencies like Moody's and Standard & Poor's helped trigger the meltdown. A new trove of embarrassing documents shows how they did it.
