Businessweek Magazine on red-faced rating agencies
I can’t help but notice that Businessweek Magazine supports the view that the rating agencies let their clients down by not addressing the subprime meltdown earlier (see “Bloggers Downgrade Ratings Agencies” by Tim Catts, July 12-07).
Going public hasn’t improved the product, now has it?
MRM
(And we appreciated the plug, as well!)
Businessweek! tip of that hat to you Mr. McQueen. I guess all those wizzbang kids that landed PE jobs should be gearing up for their next carreer move to trading distressed assets.