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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (124474)5/21/2008 3:09:15 PM
From: Jim McMannisRead Replies (1) of 306849
 
US lawmaker demands Moody's explain reported error...

"A senior Democratic lawmaker on Wednesday asked Moody's Corp MCO.N: Quote, Profile, Research) to explain a reported coding error that may have led the credit ratings agency to incorrectly assign triple-A ratings to some complex debt products."

Moodys told him they were conducting their own investigation and the COngressmen said...OK that will get to the bottom of it and send some PAC money? LOL
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