Wednesday, October 22, 2008

Rating Agencies...

Okay, I've been following this news today.

It seems that a congressional oversight committee is reviewing what seems to be bad ratings made by S&P. Of course bad ratings lead to false confidence and skews the market leading to false support of this 'house of cards.'

Officials performing S&P ratings have said things like "I hope we're all rich before this house of cards comes tumbling down" and "we'd rate deals compiled by a cow."

Turns out all of those complaints of citizens against Wall Street are COMPLETELY ACCURATE...Wall Street Fucked Us, and we bailed them out! And the fucked us with a forethought... Those bastards...

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