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The way I see it, S&P and Moody's are criminally culpable in the subprime meltdown by virtue of rating these mortgage-backed securities as highly as they did. And if they are not criminally negligent, then they are chronically inept.
Mar 21 22:34 pm
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All Comments by SGK »Merrill Lynch Can Kiss Another $3.1 Billion Goodbye [View article]