Credit rating agencies finally held accountable?

By lostand confused   follow   Sun, 4 Nov 2012, 11:12pm PST   ↑ Like   ↓ Dislike   395 views   1 comment   Watch (1)   Share   Quote  

Ok not in America, but at least one country is holding the credit ratings agencies accountable. Maybe it might spread to our shores and we might actually hold some of these fraudsters/banksters accountable.

http://www.smh.com.au/business/councils-win-fight-against-sp-over-rembrandt-notes-20121105-28t1d.html

Comment 1-1 of 1     Last »

FortWayne   befriend (12)   ignore (3)   Sun, 4 Nov 2012, 11:36pm PST   Like (3)   Dislike     Share   Quote   Comment 1

Won't happen in US.

Here businesses believe it is their god given right to sell bullshit and lie about it. And that's the same everywhere. But in America, they've been able to convince the population that such is good for society, that ignorance is great.

Watch comments by email

home   top   share   link sharer   users   register   best comments   about   source code  

#housing   #investing   #politics   #economics   #humor  
please recommend patrick.net to your friends