S&P said in its request to dismiss the case that the government can’t base its fraud claims on S&P’s assertions that its ratings were independent, objective and free of conflicts of interest because U.S. courts have found that such vague and generalized statements are the kind of “puffery”that a reasonable investor wouldn’t rely on.
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S&P: We just puff **** up, we dont actually do anything
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S&P: We just puff **** up, we dont actually do anything
"I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburgerTags: None
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S&P, Moodys et al. Telling you what the markets already told you a few months earlier.The genesis of the "evil Finn" concept- Evil, evil Finland
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And you keep giving us money to do it.The genesis of the "evil Finn" concept- Evil, evil Finland
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Originally posted by Sava View PostThe financial industry is the worst. They are all liars, cheats, and scumbags."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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Anybody that doesn't think their was collusion between the rating services and secondary market participants...or at the VERY least gross negligence...is fooling themselves."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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Originally posted by Bugs ****ing Bunny View PostAnd you keep giving us money to do it.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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