Hooray - Ratings Services Lose Free-Speech Bid to Dismiss Investor Suit
Horray for this:
Ratings Services Lose Free-Speech Bid to Dismiss Investor Suit
I hope that the ratings agency oligopoly gets absoltely destroyed. Who knows if Moodys & S&P will lose this lawsuit, but at least it will be allowed to proceed. These guys played a large part in creating the mess that we're in today and profited handsomely along the way...yet they were never held accountable for their actions. That needs to change.