Standard and Poors

Isn't this the same company that in 2008 gave a thumbs up to all those mortgage backed securities that caused the most calamitous recession in decades? Yup. Their reliability and credibility is very questionable. If this is a ploy to spur our politicians to action then perhaps their motives are good, but tampering with people's portfolios at a time of slow recovery is dangerous. Where are you Americans for reason and truth?