The failure of the credit rating agencies were essential cogs in the wheel of financial destruction
Brad Sherman: “The failure of the credit rating agencies were essential cogs in the wheel of financial destruction”
On the recordFebruary 15, 2011
Source
congress.govEditor's note · Context
Sherman identifies credit rating agencies as key contributors to the financial crisis.
Share
More from Brad Sherman
Apr 16, 2024
I would point out that many of us on this committee urged that we arm Ukraine before February 2022.
Apr 16, 2024
And now it is critical that we provide weapons to Taiwan because an invasion of Taiwan would be an even worse outcome for our national security.
Feb 17, 2025
As a private citizen who has been the subject of SEC enforcement—and as someone with an outspoken personal vendetta against the agency and its mission—Mr. Musk's involvement in any decisions regarding the future of the agency is highly…
Apr 30, 2024
The four agencies dealing with bank mergers... should provide updated guidelines and regulations for approving bank mergers.





