The credit rating agencies knowingly and fraudulently mislabelled the loans as "AAA" when they were in fact, junk: https://en.wikipedia.org/wiki/Credit_rating_

The credit rating agencies knowingly and fraudulently mislabelled the loans as "AAA" when they were in fact, junk: https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the... [Edited to add] also perjury: https://www.rollingstone.com/politics/politics-news/the-people-vs-goldman-sachs-245191/ https://www.rollingstone.com/politics/politics-news/the-peop...