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IPFS News Link • Economy - Economics USA

S&P emails slammed mortgage debt products

8-2-2008 • Reuters

In another email, an S&P manager said ratings agencies were helping to create an "even bigger monster -- the CDO (collateralized debt obligation) market. Let's hope we are all wealthy and retired by the time this house of card falters."

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Reported By Powell Gammill

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S&P emails slammed mortgage debt products

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