Description: A slew of internal e-mails from the leading credit rating agencies show employees at those firms knew of the dangers in subprime mortgages, but gave them the seal of approval anyway.
Source:Â CNNMoney.com
Date: 04/24/2010
Link: http://money.cnn.com/2010/04/23/news/economy/credit_rating_agencies_hearing/index.htm
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Questions for discussion:
- Do you agree with the analysis presented?
- What actions should be taken by regulators?
- Should anyone be legally charged?
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