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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: SG who wrote (109855)9/20/2011 1:17:06 PM
From: Haim R. Branisteanu5 Recommendations  Read Replies (1) | Respond to of 110194
 
Only wonder what would happen if the EU will start a rating agency. This whole "rating" nonsense, where were the rating agencies during the RE bubble? It is all done to skim money from those issuing debt.

A rating agency would have some weight if they had their skin in the game otherwise they are nothing more than WS analysts who are nothing more than scum

The US is rated single A in China



To: SG who wrote (109855)1/10/2012 4:43:35 PM
From: Bocor  Read Replies (1) | Respond to of 110194
 
The Mafia has taken advantage of Italy's banking woes to grab market share in the lending business. No more Mustache Petes, the business is more likely done by bankers, lawyers, and notaries. An anti-crime group estimates the mob has €65B in liquidity, making it the largest bank in Italy; no word on its exposure to Italian sovereign debt or if it has access to the ECB borrowing window.

seekingalpha.com


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