Community | March 30, 2010 | 0 comments

Are Ratings Agencies Protecting the UK and US like They Did with Mortgage Debt?

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WallStCheatSheet
Yesterday, S&P (MHP) reiterated the UK’s AAA credit rating while adding a rhetorical threat to downgrade in the future. Really? The UK is AAA? That rating alone shows just how little the ratings agencies — including Moody’s (MCO) and Fitch — have changed since they abetted the CDO scams ...

http://wallstcheatsheet.com/breaking-news/are-ratings-agencies-protecting-the-uk.../
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