Title: Standard & Poor
Published: Ventura County Reporter
Date: Feb. 14, 2013
About this cartoon: The Standard & Poor's credit rating agency was sued by the Obama Administration for helping engineer the Great Recession. Its role in granting AAA ratings to toxic subprime-loan securities led banks and governments worldwide to invest in derivatives that S&P claimed were safe, only to prove worthless as the tower of bad mortgages collapsed.