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Strange Business: Post-Punk Band Makes Cameo in Standard & Poor's Lawsuit
"Subprime Is Boiling Over ... Bringing Down the House..." Source: Amazon Today US Attorney General Eric Holder hurled strong accusations at the Standard and Poor’s rating agency for defrauding investors out of billions of dollars with its false ratings on mortgage securities. The case has a comical side though. The 128-page lawsuit filed by the US Department of Justice contained a note on how an analyst parodied the 1983 hit “Burning Down the House” by the post-punk band Talking Heads. In an email to coworkers in 2007 “Analyst D” sent a video of himself dancing to the song and ...
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