Market Currents
Italian prosecutors confirm an investigation of Moody's and S&P, saying recent moves by the...
-
Thursday, August 4, 2011, 2:56 PM ETItalian prosecutors confirm an investigation of Moody's and S&P, saying recent moves by the agencies are a "failure" of judgement about Italy's finances. Investigators have seized documents from the offices of both firms, with 3 Moody's analysts and 1 S&P analyst being the focus of the probe.
Other date
Latest Global Articles
This news story has 9 comments:
All will pay a price and I do mean ALL, not just the little guy. Say hi to a repeat of the latter parts of the 1930's and WW2. This time it won't be a hundred million dead as entire nations became bagholders and went to war. Try 2 B this time at those ratios of casualties to population the remaining will be asking lots of questions. A shane for some of you they don't have a moon-base to flee to. It is a small world.
The silver lining is man will yet evolve again. Best of luck this coming decade. Some of us have been working on loss mitigation. A noble and very interesting bitter-sweet adventure.