The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Paul Kern who wrote (85169)	8/16/2007 1:50:03 PM
From: forceOfHabit	Read Replies (3) of 110194

Paul, Obviously we need a single, quasi government rating agency to keep these scum buckets from competing to see who can give out the highest ratings and collect the most fees. Hahahahah! Don't make me laugh (and don't make me sick). You mean sort of like Fannie and Freddie in the mortgage markets? They may be looking good today compared to the sub-prime/Alt-A/etc. pond scum, but don't forget the monster mismanagement and writedowns etc. they took only a few short years ago. In fact, does Fannie even today have up to date financials? habit

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