Tuesday, June 19, 2012

They did a pretty terrible job anyway

If EU Bans Ratings Agencies From Evaluating Bailout Countries, Who Will Investors Turn To For Terrible Advice?

There are many that think this is a desperate measure to allow states to mark their own homework but in all seriousness, getting rid of these snake oil salesmen seems like a good start to sorting this mess out.

Posted by paul @ 10:27 PM (995 views)
Please complete the required fields.



One thought on “They did a pretty terrible job anyway

  • This is long overdue, the ratings agencies let us nit forget gave AAA ratings to trillions of dollars of worthless mortgage backed securities that helped drive the boom years. All the while raking in the dosh for teliing people the Emeror’s new clothes were lovely. They should be shut down. Now investors willl have to do their homework, shock horror.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>