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Rating companies rating anything that moves or doesn't move. I see lawsuits coming.

C-span hearings on now

1 posted on 10/25/2008 8:27:06 AM PDT by blueheron2
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To: blueheron2
Well, that they rate anything and everything isn't the problem, it is that they erroneously rate them. Thus We The People, demanding nothing but AAA-rated debt, end up with a portfolio of junk. Making you Poor is Standard operating procedure, I guess. Fits right in with Obama's plans for The Great Leveling™, doesn't it?
2 posted on 10/25/2008 8:35:00 AM PDT by NonValueAdded (Colin, descending)
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To: blueheron2

This is actually quite alarming..

Obama and Dem run congress will be an unmitigated disaster on the US economy.


3 posted on 10/25/2008 8:40:59 AM PDT by Onerom99
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To: blueheron2

When will the Congressmen grill each other? They, along with Carter and Clinton who signed the legislation concerned, have more blame for the situation than Wall Street or the Banks.


4 posted on 10/25/2008 8:43:26 AM PDT by El Gato ("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
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To: blueheron2

Thanks for the heads up. Is it just me or does it always seem like Sarbanes is heavily medicated? Freaky...


8 posted on 10/25/2008 9:07:59 AM PDT by PajamaTruthMafia
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