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S&P Says Ratings Were Never Meant To Be Reliable

|Includes:S&P Global Inc. (SPGI)

S&P admits its ratings were never supposed to be reliable. How's that for proof you need to do your own diligence?

In attempt to defend against an SEC suit, S&P says they never expected anyone to believe their claims of objectivity andor accuracy in their ratings.

Unbelievable...they will stoop to almost any level to save their hide even if they cause you to lose yours.

Stocks: SPGI