Their scapegoat was the model. In reality they could probably make a model that gave whatever rating the client desired. That is the fraud, they weren't workin

Their scapegoat was the model. In reality they could probably make a model that gave whatever rating the client desired. That is the fraud, they weren't working in the interest of the investors they were working in the interests of the investment bankers. https://www.youtube.com/watch?v=19amWOc1GJ8 https://www.youtube.com/watch?v=19amWOc1GJ8 https://www.youtube.com/watch?v=whlzFWwVv98 https://www.youtube.com/watch?v=whlzFWwVv98