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  • Amazon: Was That Its Bottom? [View article]
    DC Housing Bear:

    No. I haven't listen to them in years. Now we are finding out (via Congressional hearings), what many long suspected, that the ratings agencies were sleeping with the corporations. It is all part of the great sham that's been going on for the last 15-20 years. We are living in a "virtual economy," but now we are getting a dose of reality -- and the dose will get bigger and may kill us. Phony ratings for phony corporations with phony paper investments... Wow! Formula for The Greater Depression 2008. None of the fixes that Bush-Paulson, G-7, G-20, etc. will work -- they've all grown to actually believe their own lies. It's pathetic.

    Oct 23 14:27 pm |Rating: 0 0
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