S&P Grabs Most Subprime Rating Business in Early ‘04 Standard & Poor’s topped the rating agencies when it came to subprime business in the early part of 2004, a new Inside B&C Lending analysis reveals. According to data compiled by Inside B&C Lending, S&P rated $65.66 billion in new transactions – or a staggering 99.7 percent of the total $65.84 billion issued during the first quarter. That performance helped S&P solidify its hold on the