Rating Agency Incompetence Scales New Heights [View article]
Tom, you have been wrong on more than 50% of your predictions regarding the financial services industry over the last year. I have a hard time hearing this from you.
Moody's: Expecting Further Share Price Erosion [View article]
I have to agree with Mr. Bigglesworth. I got in on the short side February 2007 so my point of view your thesis is very old. The ratings model used for all of these structured products has already been disproven for a long time, so what quantitative impact going forward?
I completely agree with you Felix. I have been short MCO since April 2007 and my contracts expire JAN 2010. Structured products have been incorrectly rated for a long time now. It is finally coming out and I expect to see the probe to expand to a whole array of products now.
Rating Agency Incompetence Scales New Heights [View article]
Moody's: Expecting Further Share Price Erosion [View article]
Moody's Brings In the Lawyers [View article]