Tuesday, May 27, 2008

Moody's Investor Service, which already has egg on its face for all those great ratings it gave to subprime-backed mortgage bonds, has a new problem to deal with. It reported that a computer coding error may have led to some debt products receiving a higher rating than they should have received.broker universe

That is going to be a hard mistake to live down.  How much fault would you say that kind of error was for our current liquidly crisis?

posted by Aaron Fischer on Tuesday, May 27, 2008 4:51:21 PM (Pacific Standard Time, UTC-08:00)   #    Comments [0]
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