Political Quotes

Carl Levin: “The credit rating agencies continued to issue AAA ratings on new subprime RMBS and CDOs in 2007 despite warnings”

On the recordApril 22, 2010
The credit rating agencies continued to issue AAA ratings on new subprime RMBS and CDOs in 2007 despite warnings
Said by
Carl Levin
Democratic · Michigan

Editor's note · Context

Senator Levin criticized credit rating agencies for issuing misleading ratings despite known risks.

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