TJB

Trying To Find a Buyer for WaMu

Good insight. Its ridiculous that Standard and Poor and the analysts at the rating agencies are holding this enormous power of credit downgrades, after they were instrumental in creating this mess. And to hear S&P's Randal Clark use the phrase "well to be honest" in his discussion of AIG's downgrade yesterday really concerns me. It sounds like the corrupt mechanic on the corner. " To be honest Miss, you need the entire engine overhauled."