You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #14: Exactly.... [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
sendero Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-29-09 08:59 PM
Response to Reply #8
14. Exactly....
.... after the current economic fiasco the ratings agencies have the credibility of a used car salesman, i.e. none.

Whatever they do in the courts is irrelevant, nobody puts any stock in their ratings any more anyway.
Printer Friendly | Permalink |  | Top
  -Under Attack, Credit Raters Turn to the First Amendment Are_grits_groceries  Oct-29-09 04:42 AM   #0 
  - The first Amendment doesn't protect fraud  depakid   Oct-29-09 05:02 AM   #1 
  - Yep. Seems simple to me. nt  Robb   Oct-29-09 07:11 AM   #7 
  - Free speech isn't being paid for right? These companies were paid by the  NC_Nurse   Oct-29-09 05:08 AM   #2 
  - I think you missed the concept  ProgressiveProfessor   Oct-29-09 09:04 AM   #9 
     - Well, theres a definite conflict of interest which makes "free speech" a dubious  NC_Nurse   Oct-29-09 07:15 PM   #12 
        - The free speech issue is not dubious at all  ProgressiveProfessor   Oct-29-09 08:55 PM   #13 
  - First Amendment doesn't protect fraud for credit reports and histories.  no_hypocrisy   Oct-29-09 05:53 AM   #3 
  - Partially it does  ProgressiveProfessor   Oct-29-09 09:06 AM   #10 
     - But the First Amendment doesn't exonerate you from using fraud to your advantage.  no_hypocrisy   Oct-29-09 10:04 AM   #11 
  - Another consequence of person-hood for corporations.  RC   Oct-29-09 06:06 AM   #4 
  - Agreed  Sherman A1   Oct-29-09 06:08 AM   #5 
  - So they're saying they're really "Wild-Ass Guessing Agencies"?  JHB   Oct-29-09 06:55 AM   #6 
  - They just devalued their own ratings as a service.  rucky   Oct-29-09 07:13 AM   #8 
     - Exactly....  sendero   Oct-29-09 08:59 PM   #14 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC