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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (148138)9/19/2008 3:25:55 PM
From: DebtBombRead Replies (2) | Respond to of 306849
 
Well, they constantly try to distract us with other horseshit instead of focusing on real issues. It is difficult to stay focused. Got micro-farm?



To: patron_anejo_por_favor who wrote (148138)9/19/2008 7:51:52 PM
From: DebtBombRespond to of 306849
 
“Let’s hope we are all wealthy and retired by
the time this house of cards falters"
email Dec. 2006
Study Finds Flawed Practices at Ratings Firms
That e-mail message and dozens like it were disclosed Tuesday in a blistering 37-page report issued by the Securities and Exchange Commission, which confirmed what many on Wall Street had long suspected: the major ratings firms, including Fitch, Moody’s and Standard & Poor’s, flouted conflict of interest guidelines and considered their own profits when rating securities, among other suspect practices.
nytimes.com