Does DOJ probe mean the government is finally turning up heat on the rating agencies?

More evidence that Moody's prized profit above accuracy

Excerpts from this story referencing "Moody’s":

"… ’s crosshairs, far more is known about what went on behind the scenes at Moody’s, S&P’s biggest rival.This partly owes to an investigation of Moody†…"

"… ody’s, S&P’s biggest rival.This partly owes to an investigation of Moody’s by the Securities and Exchange Commission. The SEC looked at whether Moody …"

"… y’s by the Securities and Exchange Commission. The SEC looked at whether Moody’s had purposefully failed to downgrade a group of derivatives worth about $1 …"

"… €™ worth.The most damning evidence appeared in the form of an email from a Moody’s managing director.“In this particular case we seem to face an important …"