at Investor's Business Daily (Wed, 12:50PM)
S&P (MHP) was late to the party yet again with its declaration that Greece is in...
S&P (MHP) was late to the party yet again with its declaration that Greece is in “selective default,” Barry Ritholtz writes. In reality, Greece defaulted quite some time ago: "This nonsensical dance of the rating agencies not wanting to roil the waters during difficult periods reveals how meaningless [they] have become… They are without purpose."
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