[Fracas]

See my post #14, then look at this quote by Edward H. Fleischman, a former SEC commissioner and current New York University law school professor. He said....

"....Rubin didn't do anything wrong by making a phone call...If you were to say to me that Mr. Rubin had some kind of obligation to the Treasury Department because his past service still continued," that would be a different matter", Fleischman said.

[thucydides]

The rating agencies do not engage in "subjective" determination of credit ratings. They have detailed objective standards upon which their decisions are based. The idea that Rubin was doing some sort of public service is laughable - another example of Clintonian chutzpah. He sought to use government influence to perpetrate a fraud on the public by getting the agencies to abandon their fiduciary obligation to the public, all to facilitate the dumping of worthless securities on the public served by the agencies. So far, Rubin is the only government official or ex government official who has clearly done something wrong.

[LarryLied]

"....Rubin didn't do anything wrong by making a phone call...If you were to say to me that Mr. Rubin had some kind of obligation to the Treasury Department because his past service still continued," that would be a different matter", Fleischman said

Didn't Clinton make a big deal about how no one in his administration was going to lobby government after leaving government?