My gut-feeling is that a S&P rating is somehow "official" and therefore the company is more responsible for mistakes, but I'm not sure why. If I stand up a popu

My gut-feeling is that a S&P rating is somehow "official" and therefore the company is more responsible for mistakes, but I'm not sure why. If I stand up a popular web site and give my own ratings on stocks, bonds, etc, would I get sued if my ratings prove poor? Where would that lead us?