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September 25, 2016
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State of Wonder

State of Wonder

By Ann Patchett

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Tag: Credit Ratings


Hillary Clinton’s Wall Street Reform Plan Leaves Credit Rating Agencies Untouched

“Clinton’s vision of financial reform neglects one part of the industry everyone agrees was an essential factor in the 2008 crisis: the credit rating agencies, which assess the worthiness of Wall Street securities for investors,” writes David Dayen at The Intercept.

Posted on Jan 13, 2016 READ MORE


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California May Be Able to Sue ‘Deceptive’ Standard & Poor’s

A California judge has tentatively ruled that the state could hold the major financial research company accountable for pinning triple-A ratings on state-bought mortgage-backed securities that went bust in the crash of 2008.

Posted on Mar 23, 2014 READ MORE


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