Could This Be The End Of Too Big To Fail?

Moody’s Cuts Debt Of 4 Major U.S. Bank Holding Companies David Henry, Lauren Tara LaCapra, Peter Rudegeair and Douwe Miedema, Reuters Moody’s Investors Service cut the debt ratings for four big bank holding companies, including Morgan Stanley and JPMorgan Chase & Co, citing its increasing confidence that the U.S. government will not bail out the […]

Federal Court Allows Fraud Claims Against Moody’s and S&P To Proceed

Basil Katz, Reuters A Manhattan federal judge on Friday refused to dismiss a lawsuit seeking to hold credit rating agencies responsible for misleading investors about the safety of a risky debt vehicle that they rated. U.S. District Judge Shira Scheindlin denied a bid by Moody’s Investors Service and Standard & Poor’s to dismiss the claims, […]

Wells Fargo’s Propaganda Machine Seems To Be Working Overtime

This is an interesting article that appeared in the Huffpost and Reuters filled with all kinds of Wells Fargo propaganda and Wells Fargo’s continued denials of actively being involved in the housing crisis. I guess two weeks of being bombarded with stories like these blasting their way through the blogosphere is making John Stumpf stock […]

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