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


To: JBTFD who wrote (164654)11/15/2008 3:13:08 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
They were in on it big time too. One hand washed the other.



To: JBTFD who wrote (164654)11/15/2008 6:45:08 PM
From: patron_anejo_por_favorRespond to of 306849
 
Rating agencies were certainly complicit. They were in the best position to know better of all of the participants, and did nothing because it would have been "bad for business".

As Jim said, many moving parts, all of them corrupt and/or broken.....