NewsWhore
04-29-2009, 01:50 AM
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Flawed Credit Ratings Reap Profits as Regulators Fail Investors (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da6NdKd8CfR2A%26refer%3Djapan&cid=1343124957&ei=lOz3SaqbJKO4MYDRzJYI&usg=AFQjCNEh-bU6I8UJyFd9hGqIiu_xkPdTKA)
Bloomberg
James O'Connor, then comptroller of the currency, issued a regulation in 1936 restricting banks to buying only securities that were deemed high quality by at least two credit raters. “One of the major responses was to try to find a way -- just as we ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da6NdKd8CfR2A%26refer%3Djapan&cid=1343124957&ei=lOz3SaqbJKO4MYDRzJYI&usg=AFQjCNEh-bU6I8UJyFd9hGqIiu_xkPdTKA)
Flawed Credit Ratings Reap Profits as Regulators Fail Investors (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da6NdKd8CfR2A%26refer%3Djapan&cid=1343124957&ei=lOz3SaqbJKO4MYDRzJYI&usg=AFQjCNEh-bU6I8UJyFd9hGqIiu_xkPdTKA)
Bloomberg
James O'Connor, then comptroller of the currency, issued a regulation in 1936 restricting banks to buying only securities that were deemed high quality by at least two credit raters. “One of the major responses was to try to find a way -- just as we ...
More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3Da6NdKd8CfR2A%26refer%3Djapan&cid=1343124957&ei=lOz3SaqbJKO4MYDRzJYI&usg=AFQjCNEh-bU6I8UJyFd9hGqIiu_xkPdTKA)