e-Discovery; not just for email anymore!

The Big Picture has been following the House Committee on Government Oversight and unearths this little Instant Messaging gem from S&P analysts:

Rahul Dilip Shah: btw: that deal is ridiculous

Shannon Mooney: I know right ... model def does not capture half of the risk

Rahul Dilip Shah: we should not be rating it

Shannon Mooney: we rate every deal

Shannon Mooney: it could be structured by cows and we would rate it

Instant Messaging and social media are going to add a whole new element to records management and e-discovery.