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Reply #73: Together with the other mechanisms, of course [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
alcibiades_mystery Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-22-10 08:35 PM
Response to Reply #70
73. Together with the other mechanisms, of course
This is a particularly interesting aspect of the bill because it uses a sensible change (make ratings agencies as liable as accountants for the expert statements people rely on) to create a cascade of incentives all the way through the ABS pipeline. It's smart.
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