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To: PMAS
Is this the same Moody’s that didn’t rate Mortgage Backed Securities AAA and saw the financila crisis coming long before it hit ? /s

Oustanding post!

I don't think there is a single organization that deserves more credit for O's election than Moody's. Some day someone will write that book.

Regards,

TS

48 posted on 07/13/2011 4:04:18 PM PDT by The Shrew (www.wintersoldier.com; www.tstrs.com; The Truth Shall Set You Free!)
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To: The Shrew

Thank you. It just amazes me that only the banks get all of the blame for the financial crisis, when the rating agencies like Moody’s, S&P and others gave their AAA ratings out on the worst mortgage backed securities.


59 posted on 07/13/2011 9:27:14 PM PDT by PMAS
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