Comments on: SEC: Credit-Rating Agencies Require More Oversight http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Wed, 15 Feb 2012 00:33:57 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: dunnage http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162784 dunnage Fri, 17 Apr 2009 08:08:28 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162784 And people act surprised. That's was drives me crazy. And people act surprised. That’s was drives me crazy.

]]> By: dunnage http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162783 dunnage Fri, 17 Apr 2009 08:07:04 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162783 Explicit explanation for Geithner, Paulson, Summers, Dudley. Reason same dudes at all the institutions being Stress Tested are the same dudes. Absolutely nothing is going to change.. We already know who is going to pay. Is there any doubt? Any inconvenience to Bonds is systemic risk. That's why none of these guys have much to say that is new -- cause what they are doing isn't new. Explicit explanation for Geithner, Paulson, Summers, Dudley. Reason same dudes at all the institutions being Stress Tested are the same dudes. Absolutely nothing is going to change.. We already know who is going to pay. Is there any doubt? Any inconvenience to Bonds is systemic risk. That’s why none of these guys have much to say that is new — cause what they are doing isn’t new.

]]> By: mystina http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162677 mystina Thu, 16 Apr 2009 19:25:52 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162677 Times are hard. Even if you have bad credit, you can get your own cell phone plan with Lightyear Wireless. Partnered with both Verizon and Sprint. Visit mywirelessrep site NoDepositCellPhonePlans.com Wanna make extra money from your cell phone? It's easy! FreakyOpportunity.com Times are hard. Even if you have bad credit, you can get your own cell phone plan with Lightyear Wireless. Partnered with both Verizon and Sprint. Visit mywirelessrep site NoDepositCellPhonePlans.com

Wanna make extra money from your cell phone? It’s easy! FreakyOpportunity.com

]]> By: batmando http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162627 batmando Thu, 16 Apr 2009 18:18:18 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162627 Call for Huey Long! Call for Huey Long! Call for Huey Long! Call for Huey Long!

]]> By: bman http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162537 bman Thu, 16 Apr 2009 14:29:22 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162537 the Tea party crowd are just the right wing wackos coming unhinged. They can't take the fact that they lost the last election, some are closet racists who can't bear the thought of BO president, and want to start a revolution, but, of course, want someone else to actually do the revolt. I had a conversation with a so called member of the "Michigan Militia" a few weeks ago. I couldn't make any sense of what his position stood for, except he was against everything going on right now. From what he was arguing I concluded his most likely parabola would lead him to drive to Detroit and take it out on Union Auto Workers. But as I said he hoped someone else would do it for him. the Tea party crowd are just the right wing wackos coming unhinged. They can’t take the fact that they lost the last election, some are closet racists who can’t bear the thought of BO president, and want to start a revolution, but, of course, want someone else to actually do the revolt. I had a conversation with a so called member of the “Michigan Militia” a few weeks ago. I couldn’t make any sense of what his position stood for, except he was against everything going on right now. From what he was arguing I concluded his most likely parabola would lead him to drive to Detroit and take it out on Union Auto Workers. But as I said he hoped someone else would do it for him.

]]> By: emailcraigs http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162514 emailcraigs Thu, 16 Apr 2009 13:43:09 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162514 Its the same old song and dance.........have a meeting, put out a statement, make it appear that the issue has been vented, and then continue on with the wholesale liquidation of America's resources. And all the while nobody seems to be able to get anything done due to the polarization of society thanks to the grand machinations of our media outlets. Gee, did I just get off topic? Its the same old song and dance………have a meeting, put out a statement, make it appear that the issue has been vented, and then continue on with the wholesale liquidation of America’s resources. And all the while nobody seems to be able to get anything done due to the polarization of society thanks to the grand machinations of our media outlets. Gee, did I just get off topic?

]]> By: HoldYourHorses http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162503 HoldYourHorses Thu, 16 Apr 2009 13:23:53 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162503 Why do they have to be third party institutions? It seems like that business will always find it very difficult to remain objective . After the failure of these companies, why does/must any firm still use or even believe their numbers? Im amazed that after that betrayal of duties the market has not crushed them... whats up with that Why do they have to be third party institutions? It seems like that business will always find it very difficult to remain objective . After the failure of these companies, why does/must any firm still use or even believe their numbers? Im amazed that after that betrayal of duties the market has not crushed them… whats up with that

]]> By: FrancoisT http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162471 FrancoisT Thu, 16 Apr 2009 04:29:41 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162471 Barry, There is nothing to explain. Congress has decided a long time ago that doing the business of the people was too much to ask. They settled for pocketing campaign contributions from everyone, but to attend the business of the highest bidders only. It's that simple when one cut through the fog of constant spin, delusions and BS. With a financial sector so powerful in DC, don't expect anything else. The money masters know how to subvert the will of the representatives of the people, to gain even more power and influence. As per Will Durant in his seminal work on the history of civilizations this is one of the most common way great civilizations come to perish. Judging by the numerous signs and symptoms of this crisis, we're well on our way to this sorry fate. How to explain otherwise, what you just described, as well as the abysmal difference in treatment of the automakers versus the banksters, the steady erosion of our civil liberties, the growing inequality, the absolute failure of the mass media to simply report the FACTS etc.? We need to jackhammer a multiple rabbit punch in the kahunas of the Establishment soon...or else. Barry,
There is nothing to explain. Congress has decided a long time ago that doing the business of the people was too much to ask. They settled for pocketing campaign contributions from everyone, but to attend the business of the highest bidders only. It’s that simple when one cut through the fog of constant spin, delusions and BS.

With a financial sector so powerful in DC, don’t expect anything else. The money masters know how to subvert the will of the representatives of the people, to gain even more power and influence. As per Will Durant in his seminal work on the history of civilizations this is one of the most common way great civilizations come to perish.

Judging by the numerous signs and symptoms of this crisis, we’re well on our way to this sorry fate. How to explain otherwise, what you just described, as well as the abysmal difference in treatment of the automakers versus the banksters, the steady erosion of our civil liberties, the growing inequality, the absolute failure of the mass media to simply report the FACTS etc.?

We need to jackhammer a multiple rabbit punch in the kahunas of the Establishment soon…or else.

]]> By: wunsacon http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162470 wunsacon Thu, 16 Apr 2009 04:12:30 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162470 larster, mannwich...LOL!! Reminds me of a one-liner from Winston Munn from like 2 years ago: to "short honesty and go long obfuscation". larster, mannwich…LOL!!

Reminds me of a one-liner from Winston Munn from like 2 years ago: to “short honesty and go long obfuscation”.

]]> By: Wes Schott http://www.ritholtz.com/blog/2009/04/sec-credit-rating-agencies-require-more-oversight/comment-page-1/#comment-162467 Wes Schott Thu, 16 Apr 2009 03:16:10 +0000 http://www.ritholtz.com/blog/?p=23749#comment-162467 MW, thanks. North County = northern San Diego County. Very nice environment - absolutely beautiful. Live d there (Cardiff by the Sea) for couple of years right after school. State Income Tax is a negative, as are potential earthquakes. How low will they go (home prices), nobody knows when the wheel stops.... MW, thanks. North County = northern San Diego County. Very nice environment – absolutely beautiful. Live d there (Cardiff by the Sea) for couple of years right after school. State Income Tax is a negative, as are potential earthquakes. How low will they go (home prices), nobody knows when the wheel stops….

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