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To: Davy Crockett who wrote (117287)6/5/2008 8:42:51 PM
From: robnhood  Respond to of 313060
 
I read this morning how the rating agencies were let off the hook with the slightest slap on the wrist imaginable.
ASFAIAC, the CEO's should have been hung from lamposts. and the companies fined into the ground. Glaring Outright fraud is what it was , outright.

<<June 4 (Bloomberg) -- New York Attorney General Andrew Cuomo is nearing an agreement with Moody's Investors Service, Standard & Poor's and Fitch Ratings that would let the credit-rating firms avoid sanctions over their role in the subprime-mortgage crisis, people with knowledge of the accord said.

The companies won't admit wrongdoing >>

bloomberg.com