Part of the reason that we are in the economic mess that we are in is because credit ratings agencies gave wildly overly optimistic assessments of the soundness of corporations and their bonds, and...
Part of the reason that we are in the economic mess that we are in is because credit ratings agencies gave wildly overly optimistic assessments of the soundness of corporations and their bonds, and investors relied on those ratings when they made their investment decisions. Enron was given high ratings just 4 days before they went bankrupt.
The SEC and Congress want to regulate the Credit ratings agencies and investors are suing them for their incompetence. But the agencies have been able to stay out of hot water because their lawyers have made slick use of the First Amendment.
Before watching this video, read this article from the Huffington Post.
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Expert opinion sold to general public as a commerical product is not "free speech" is is commerical speech, a commercial product. Companies aren't people anyway and shouldn't be protected as such.
Those who read the Dallas Morning News didn't find it entertaining when implied that the guy who tried to bomb Fountain Place (Wells Fargo's sky scraper) a couple of weeks ago might had seen Fight Club.
Or pretty much anyone that is considered an expert in something: It is my opinion that the DNA matches that of the killer... it is my opinion that these coordinates on the rocket will get it to the moon, it is my opinion that WMDs are stored in that bunker.... hmmmmm
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and your videos remind me of live! tv, with their chello news and bouncy weather ;p
Its still entertaining.