When Standard and Poor put a "for sale" sign on their ethics in 2001, Frank Raiter resisted the fraud of rating companies that he had not reviwed. Failure to cooperate with the "get-rich-quick managers" earned Raiter a demotion. When Raiter went public on the fraud he was placed on a black-list to be derided by his peers - much like being alled a "conspiracy theorist".
A former Marine, Raiter stuck to his guns and became the last (honest) man standing.
HWS
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