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Credit rating agencies finally held accountable?

By lostand confused (10/10 = 100% civil)   2012 Nov 4, 11:12pm   ↑ like   ↓ dislike   454 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

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1   FortWayne (22/22 = 100% civil)   2012 Nov 4, 11:36pm  ↑ like (3)   ↓ dislike   quote   top   bottom   home   share  

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.

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