Posts Tagged ‘credit rating’

Elizabeth Warren on SEC Rules For Banks

Posted by admin on Saturday, November 15, 2014

Elizabeth Warren Money Quotation saying the SEC doesn’t regulate the credit rating agencies taking payments to accept junk deals which contributed to the great recession. Elizabeth Warren said:
 
Elizabeth Warren There are still no [SEC] rules for credit rating agencies that took money to sign off on risky deals that crashed the economy and still operate with big conflicts of interest quote
 

“There are still no [SEC] rules for credit rating agencies that took money to sign off on risky deals that crashed the economy and still operate with big conflicts of interest” — Elizabeth Warren

 
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