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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (28660)	10/22/2007 7:47:43 PM
From: Madharry	Read Replies (1) \| Respond to of 78748

I am pretty much resentful. I feel that this a little bit of enron dejas vu but this time the rating agencies are complicit in this as well, and they should have known better. And the people who are gonna get burnt when all is said and done are the people who are invested in money market or fixed income funds who thought all their money was safe because it was AAA rated instruments. who can blame them? BY the grace of g-d I wasnt burned by this but if i was more conservative I may well have been. I imagine that the firms who guaranteed payment on these AAA bonds arent doing so hot either.