Matt Taibbi: Embarrassing Docs Solve Last Mystery Of Financial Crisis

Matt Taibbi: Embarrassing Docs Solve Last Mystery Of Financial Crisis
NEW YORK - OCTOBER 28: Matt Taibbi attends the Huffington Post 2010 'Game Changers' event at Skylight Studio on October 28, 2010 in New York, City. (Photo by Neilson Barnard/Getty Images)
NEW YORK - OCTOBER 28: Matt Taibbi attends the Huffington Post 2010 'Game Changers' event at Skylight Studio on October 28, 2010 in New York, City. (Photo by Neilson Barnard/Getty Images)

It's long been suspected that ratings agencies like Moody's and Standard & Poor's helped trigger the meltdown. A new trove of embarrassing documents shows how they did it.

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