and 18 months ago investors that bought the mortgage-related products lost money. what was involved with the credit rating companies? they had a severe conflict of interest. wall street companies like goldman, actually paying the credit rating companies millions in dollars in fees to rate their mortgage products. e-mails obtained by the senate subcommittee showed that to keep the fees coming into the door, rating companies were willing to bend over backwards to give the highest rating to these mortgage investment products that goldman was creating at the time. what about s. & p. and moody s, what are they saying? we reached out to them. moody s we called and e-mailed, we didn t get a response from them. but we got a statement from s. & p. saying the company has, quote, we have it here, a long traditi tradition offage lytic expert and we have learned a lesson from the recent crisis and have made significant enhancements to increase transparency.