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Pointing the Finger

Appeared on July 13, 2007

"This is like selling liquor to a minor without carding them, or selling a hand gun and saying they're not being used to kill people," said Joseph Mason, an associate professor of finance at Drexel University in Philadelphia. "They are selling these ratings, and the label says don't use it for investment purposes. That's clearly not the case."

Read the full story at International Business Times