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Tag Archives: crash of 2008
Credit Rating Agencies gave bad debt AAA ratings
How banks gamed the rating system from biz.yahoo.com April 2008 Triple-A Failure Nothing sent the [credit ratings] agencies into high gear as much as the development of structured finance. As Wall Street bankers designed ever more securitized products — using … Continue reading →
Posted in Credit Rating Agencies
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Tagged crash of 2008, credit rating agency, meltdown, Moody's, S&P
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