Credit Rating Agency Nonsense

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Are credit rating agencies born stupid, or is their particular brand of stupidity an acquired skill? Even after today’s scurrilous debt ceiling deal was stampeded through Congress and signed by President Obama in less than 24 hours,  senior officials from credit rating agencies like Moody’s, Standard & Poors, and Fitch have

http://blogs.forbes.com/jameshenry/2011/08/02/credit-rating-agency-nonsense/

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