Connecticut Senate Candidate Dick Blumenthal Suing S&P And Moody's Over Tainted Ratings

richard blumenthal

Connecticute AG Richard Blumenthal is in great shape in the polls for his Senate Race, and he has another card that his opponents can’t play: he can keep making politically popular moves.

His latest — per a flash on CNBC — is a new lawsuit against S&P and Moody’s for “tainted ratings.” We’re not sure what the details are, or whether it’s nonsense or not, but it really doesn’t matter.

Everyone hates the ratings agencies, and he’s in a position to go after them.

Nice move.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at