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by hardwaresofton
3191 days ago
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Can you accurately and properly trace the blame for any large scale malfunction of society on one small bureaucratic group? Even if you pin the blame on bad actors that took control of ratings bodies and propogated bad CDOs, are you suggesting that the SEC was blameless? Would you not say it's within the purview of the SEC to manage/monitor/influence CDO product selling/purchasing? |
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