dimelab dimelab: shrinking the gap between talk and action.

slumping economy Topic in The Credit Debacle Catalog

Mon 2009-05-04 00:00 EDT

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Flawed Credit Ratings Reap Profits as Regulators Fail, by David Evans and Caroline Salas, Bloomberg.com; ``As the U.S. has spent, lent or pledged about $12.8 trillion in efforts to revive the slumping economy...no one has taken steps that would substantially fix a broken ratings system.''

services; term.