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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (85269)8/17/2007 2:39:05 PM
From: Paul Kern  Respond to of 110194
 
EU is already starting an investigation into rating agencies.

Good. Nail their hides to the wall.



To: westpacific who wrote (85269)8/18/2007 10:50:31 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
<EU is already starting an investigation into rating agencies. Credibility of Wall Street is gone......and how do they get it back.>

Some type of faux restoration of credibility needs to be restored to credit agencies and fast. Warren Buffet owns 19% of Moody's, perhaps that's the next gambit? He takes "more and over" combined with some kind of mass baptism born again dog and pony show?


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