S&P Comes Out Swinging – Sort Of

Posted on by Phil Querin

“Waaaaaa” It’s no secret that I have little sympathy for Standard and Poors and the other ratings agencies.  Like carnival barkers at the securitization circus, S&P, Moodys and to a lesser degree Fitch, gave rosy ratings to the securitized bonds that made the Big Banks Big Money. For background on the scam, see my posts, […]

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Posted in Miscellany, Ratings Agencies, Subprime Crisis, Subprime Mortgages | Tagged , , , ,
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