To: Attention Surplus Disorder; All
The Bear Stearns employees will be fine - they will take a little time off and find other jobs.
All the nasty gloating by some losers on this thread reveals much about their crypto-Marxist, anti-business mentality is for naught.
But you, ASD, bring up an important point - the ratings agencies suffer from a fundamental flaw in their business model: they are paid to assess the creditworthiness of the people who are paying them.
18 posted on
08/17/2007 8:44:57 AM PDT by
wideawake
(Why is it that so many self-proclaimed "Constitutionalists" know so little about the Constitution?)
To: wideawake
Don't forget that it's likely that the 240 laid off are support staff, new hires, etc. Makes the gloating particularly misplaced.
20 posted on
08/17/2007 8:58:10 AM PDT by
1rudeboy
To: wideawake
To: wideawake
All the nasty gloating by some losers on this thread reveals much about their crypto-Marxist, anti-business mentality is for naught.Sounds like sour grapes of a loan broker, blaming all those nasty people for wrecking the frau.., the 'business model'. Cheese with that whine?
29 posted on
08/20/2007 3:24:14 PM PDT by
Pelham
(End Jackpot Babies now)
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