S&P accused of conflict of interest

Just when it seemed the whole S&P-downgrades-America story couldn't get any wilder, this happens. Rep. Dennis Kucinich, D-OH, wrote to the chief executive of McGraw-Hill, the parent of Standard & Poor's, raising issues of a possible conflict of interest in the downgrade decision. Here's the rationale According to the 2010 Annual Report, McGraw-Hill held $1.5 [...]