Former Standard and Poor's executive Frank Raiter, right, former Moody's …

AP Photo/Lawrence Jackson | published: October 23, 2008

Former Standard and Poor's executive Frank Raiter, right, former Moody's executive Jerome Fons, left, and Egan-Jones Ratings Manager Director Sean Egan, center, testify on Capitol Hill in Washington, Wednesday, Oct. 22, 2008, before the House Oversight and Government Reform Committee.