What a spectacle. The assymetry between these reactions regarding the pretext of "concern over conflicts of interest" and the total lack of concern when ratings on the most toxic of assets were AAA is just hilarious.
At this point, its simply censorship of a perceived lackey who dared bite the hand that feeds. As for exacerbating the Euro crisis, the ratings agencies were predictably late to the party that was in full swing once they arrived. To say the agencies "exacerbated" the problem is to blame organizations that were already looked upon as rubber-stampers to smart money. This is bad comedy.