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To: ldo79 who wrote (356541)2/5/2008 9:41:54 PM
From: MythMan  Read Replies (1) | Respond to of 436258
 
ya know Moody's and these clowns have been dancing around this for weeks on end. coulda shoulda ...heck I was set to shack up with Gisele but that ain't happening either.



To: ldo79 who wrote (356541)2/5/2008 9:48:26 PM
From: Giordano Bruno  Respond to of 436258
 
uk.youtube.com



To: ldo79 who wrote (356541)2/5/2008 10:32:07 PM
From: KeepItSimple  Respond to of 436258
 
Sounds like when wall street waited until the day after Enron declared bankruptcy before they changed their "strong buy" ratings to "hold", even though the smoking gun whistleblower documents were in the public for weeks showing the whole company was a fraud from top to bottom.

Barn door, horse, gone, and all that.

Fitch and Moody's are pulling out all the stops to keep their executive staff from spending the next 10 years in federal prison.

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Fitch Ratings is set to downgrade some of the safest AAA-rated slices of complex pools of corporate credit derivatives by up to five notches following a review of its rating criteria for collateralised debt obligations of company debt.