Fraud And Greed Of Trusted Rating Agencies Helped Spread The Credit Crisis
Posted on December 18, 2008 at 19:03 PM EST
Underlying the credit crisis gripping the U.S. and world economies is a crisis of confidence. Blame has been laid at the feet of the U.S. Federal Reserve, and an investment bankers’ brew of toxic financial products. Ultimately, however, it was the supposedly trustworthy rating agencies that got everyone to drink the poisoned ...
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