I am glad to hear that.
Whenever S&P made a criteria change to its RMBS model and that change was more conservative than the previous model, did...
And should be?
It seems to me it is obvious that you ought to distinguish between lenders.
It was part of the daily workload.
Do you folks care whether the collateral makes a difference?
Could be common.
Shouldn't their collateral be treated differently if it is not performing?
Today's hearing is the third in a series of Subcommittee hearings focusing on some of the causes and consequences of the...
It should have been.
That is pretty devastating, I tell you.
There are some things, it seems to me, that are clearly wrong that happened and should not happen.
Short-term thinking.
That is common?
Were you aware that the FBI in 2006 reported that the number of suspicious activity reports surrounding mortgage fraud r...
Did Moody's reevaluate wholesale or just certain transactions?
So you didn't retest your old deals. You just disclosed the new rating to the marketplace?
I would like more candor from senior management about our errors and how we will address them in the future.
