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View Full Version : LOL Credit Rating Agencys litigation S&P



TDMVPDPOY
11-05-2012, 09:08 AM
i knew these credit agencys have no business talkin shit about companies and their credit ratings, these fkn clowns every time they open their shit mouths, shit comes out influencing alot of shit that they have no business commenting openly, that could affect a business going concern...benefits no one but themselves if they wanna make a profit and shit

read further on...

http://www.theaustralian.com.au/business/financial-services/investors-misled-by-standard-poors-rating-as-triple-a-deceit-caused-crisis-losses/story-fn91wd6x-1226511094742

Investors 'misled by Standard & Poor's rating' as Triple-A deceit caused crisis losses
BY: LEO SHANAHAN From: The Australian November 06, 2012 12:00AM
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GLOBAL ratings agency Standard & Poor's faces a wave of potential litigation after being slammed for engaging in "misleading and deceptive conduct" by assigning its coveted AAA rating to complex and risky financial instruments that contributed to the global financial crisis.

DarrinS
11-05-2012, 09:12 AM
Shit

boutons_deux
11-05-2012, 10:14 AM
the credit rating agencies are effectively owned by Wall St and paid to produce bogus credit ratings for the shit Wall St sells.

Just another way the financial system is corrupt and rigged to screw "muppets", as Wall St deNIGRAtes retail and other investors.