HILARIOUS!

One corrupt firm wags finger at another corrupt firm. (h/t Gawker)

S&P Warns Rival Moody's: We Might Downgrade You
Published: Wednesday, 30 Jun 2010 | 1:17 PM ET
By: Jeff Cox
CNBC.com Staff Writer

Standard & Poor's has placed rival ratings agency Moody's on its watch list for a credit downgrade, citing dangers from financial reform legislation that could imperil S&P itself.

The primary danger cited is the threat the bill poses by making it easier for investors to sue ratings agencies for providing bad information.