As I thought from the beginning – without the ratings agencies none of the financial crisis would have been possible. Barry Ritholtz wrote about it in a book (titled Bailout Nation) for McGraw Hill, a subsidiary of Standard & Poor’s….woops. Rejected….here is the original chapter.
The ratings agencies need more blame….
18 03 2009« Finally a law professor weighs in on the AIG bonus mess But will they ever go after anyone? »
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- Date : March 18, 2009
- Tags: bailout nation, Barry Ritholtz, McGraw Hill, Moodys, standard & poor's
- Categories : financial crisis
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