[How and Why did Moody’s, S&P and Fitch would put a AAA rating on a package of loans to homeless people sleeping on a park bench?]
I don't know anything about loans to homeless people sleeping on park benches - but I do know a thing or two about falsified FICO scores.
[That should be the subject of a Congressional investigation.]
Yes, it should but...==================================================================During the House Financial Services Full Committee Hearing on "Recent Events in the Credit and Mortgage Markets and Possible Implications for U.S. Consumers and the Global Economy", Chairman Barney Frank left the hearing in order to attend a meeting in support of legislation that would force American employers to hire homosexuals. That says a lot about Barney's priorities.
