Regulate the ratings agencies - they are out of control

jpak

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Mon Aug-08-11 09:57 AM
Original message

Regulate the ratings agencies - they are out of control

They have no responsibility to anyone and can destroy (U.S. & Global Economy) or help anyone (AIG, Lehman Bros., Banksters R US et al.) they choose...

....with impunity - their "ratings" however *wrong* they are - are protected free speech according to the courts.

Regulate 'em - they suck

yup

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AngryAmish

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Mon Aug-08-11 10:00 AM
Response to Original message

1. Amendment, 1st

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izquierdista

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Mon Aug-08-11 10:24 AM
Response to Reply #1

2. Doesn't protect them from fraud

Bernie Madoff was free to tell his clients what they wanted to hear. And he's still free to say what he wants -- from inside his cell.

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jpak

(1000+ posts) Send PM | Profile | Ignore

Mon Aug-08-11 10:27 AM
Response to Reply #1

3. "FIRE!", Theater

fail

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