Until now, the crisis has touched mostly the financial world. But in 2012, it will hit the real economy.
Where Are The Ratings Agencies Before UK & German Banks Go Boom? How About Those Euro REITs? Agencies Anybody?Submitted by Reggie Middleton on 11/30/2011 12:25 -0500
I'm calling the ratings agencies on this...
Self explanatory is the title...
Banks, Monolines, and Ratings Agencies As The Three Card Monte (Wall)Street Hustlers! Its a Sucker’s Bet, Who’s Going to Fall for it in QE2?Submitted by Reggie Middleton on 11/09/2010 12:31 -0500
Banks, insurers and ratings agencies conspired to move junk assets that were guaranteed to implode - and implode they have. They were (Wall)Street hustling, 3 Card Monte style, but what most are dismissing is that the ponzi/hustle collapse has yet to truly happen!