Does anyone else think its a bit rich of Standard and Poor to be continuing to pass judgement on countries, given their pretty disasterous recent judgement.
I really wonder why anyone still values their judgement - they've been shown to be, putting it kindly, partisan. For all we know one of their clients (maybe even Goldman Sachs) has an interest in seeing Greece's credit rating fall.
The conflicts of interest issue has still not been addressed, meanwhile the fate of millions of Greek are affected
Thursday, 29 April 2010
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