Just days after the Treasury Department criticized Standard & Poor’s for “a $2 trillion mistake” in the math it used to justify its credit downgrade of the United States, the ratings firm sent a letter to securities regulators urging them to keep some proposed regulations as vague as possible.
If you are surprised by this, then you haven't been paying attention.
http://www.propublica.org/blog/item/whats-a-significant-error-standard-poors-says-leave-it-to-us
