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We only provide ratings, they are in no way a suggestion about investing. That is what Moody's et al always said. We are useless but you make us profit freely
by pfortuny 10y ago
We only provide ratings, they are in no way a suggestion about investing.
That is what Moody's et al always said.
We are useless but you make us profit freely! Good for you, all you stupids!
- osullivj 10y agoYes, and they paid by the issuers of the securities they're rating. Surely a conflict of interest...