This article could have so many titles:
Whose to Blame?
Why are the wrong people being blames?
The one reform the market desperately requires?
Where was the free market watchdog? No not the SEC……
Why are the rating agencies not owning responsibility for their mess?
Should AIG and Madoffs investors be allowed to sue the Rating Agencies?
Who owns the Rating [...]
Entries Tagged as 'ENRON'
What caused the crash, who should go to prison and how to fix this mess
April 6th, 2009 No Comments
Tags: Angelo Mozzilo · Chairman/ CEO · Citibank · Conseco · Continental Airlines · Countrywide · ENRON · Finance · Fruit of the Loom · GMAC · Harry Marcopoulos · insurance · Jonathan Rose · KMART · Lehman · media wont focus · Moody's · oil · oil field · SEC · Securities and Exchange Commission · speculative oil exploration · Texaco · United Airlines · USD · viable and pushing fund manager · Warren Buffett · WorldCom
Feeding The Beast – Countrywide is Hungry For Money Again
September 12th, 2007 No Comments
It doesn’t seem so long ago that the evils of CFC’s (Chlorofluorocarbons) were being vilified in the press. Today we have a different type of negative connotation to CFC’s (Countrywide Financial Corporation). Blamed for much of financial liquidity crisis and turmoil during August 2007 (they were just being greedily like everyone else, but they got [...]
Tags: $2Bn · Asset Backed Securities · Bank of America · car industry · Countrywide Financial Corporation · depression · energy · ENRON · Goldman Sachs · Honda · Merrill Lynch · United States · USD
Feeding the Beast
September 12th, 2007 No Comments
It doesn’t seem so long ago that the evils of CFC’s (Chlorofluorocarbons) were being vilified in the press. Today we have a different type of negative connotation to CFC’s (Countrywide Financial Corporation). Blamed for much of financial liquidity crisis and turmoil during August 2007 (they were just being greedily like everyone else, but they got [...]
Tags: $2Bn · Asset Backed Securities · Bank of America · car industry · Countrywide Financial Corporation · depression · energy · ENRON · Goldman Sachs · Honda · Jonathan Rose · Merrill Lynch · United States · USD
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