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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Little Joe who wrote (97133)4/30/2009 1:25:02 AM
From: mishedlo1 Recommendation  Read Replies (1) of 116555
 
One of your best rants. You hit the nail on the head. One question. How do you see regulation of the rating agencies relating to the problem. Frankly, I was unaware that they were rated. Am I wrong.

Do you mean "Frankly, I was unaware that they were REGULATED. Am I wrong?"

It was SEC sponsorship (something I am calling regulation), that created the mess.

This is a very long story. Please see globaleconomicanalysis.blogspot.com

for the complete picture or what went wrong and when with the rating agencies.

Mish
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