The U.S. Justice Department is also investigating the ratings agency over its actions in assigning high ratings to complex mortgage securities leading up to the 2008-2009 financial crisis, a source familiar with the matter told Reuters last week.
Seems to me that all of the ratings agencies rated the mortgage crap as AAA so that it could be used to rob all of the pension funds. Does it not seem odd to use this as an excuse now to throw a banking exec into the rating agency. Why not just appoint Bernanke President.