A Smoking Gun on Corruption of Ratings Agencies: The Bankers Friends’ Scam
Among the myths promoted by the traditional press–myths that hurt the entire country–is the “independence” of the ratings agencies. And that myth was one of the underpinnings of the financial...
View ArticleStandard and Poor’s GUILTY, “deceived” and “misled” Investors
One of the great myths that created the seeds of the financial crisis was that the ratings agencies–Standard and Poor and Moody’s–were “independent”. What a crock–the ratings agencies gave positive...
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