Posts Tagged ‘Bill Gates’

Credibility of Credit Rating Agencies

Monday, November 10, 2008 12:13 1 Comment

Sherman McCoy, the fictional 1980s “Master of the Universe” Wall Street bond trader, had his sights set on a deal that could earn him $ 1.7m in commission payments, money he needed to pay off the mortgage on a lavish Park Avenue apartment.  “The only real problem was the complexity of the whole thing,” readers [...]

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