Wall Street Breakfast: Must-Know News [View article]
To add to the bashing of the ratings agencies. They are, so far, the villain in the crash of 2008 that has not been held accountable for their shoddy practices and culpability. They must be, and maybe via law suits, will be held accountable. I agree with the comment above, that they should be paid by the purchasers of the assets they rate.
Wall Street Breakfast: Must-Know News [View article]