What About the Raters?
The agencies that bestowed triple-A ratings on noxious financial products bear as much responsibility for the financial crisis as the banks that put the investments together. Full Story »
Posted by Sirajul Islam - via New York Times (Most Emailed), New York Times (Editorials), NewsRack (Business), New York Times (Opinion), Fabrice Florin (f), Tiffany Hebb (f)
Don't look at that man behind the curtain.....who has been spinning and sleeping while common sense was strangled. Good reporting about the lies built into the FED and WALL St, real estate, insurance etc.. could have made our messes look quite different. Their position seems to be..." Blame the other guy....I refuse to be honest"