Not personal credit ratings, however — corporate credit ratings. The insightful Big Picture has another post about the causes of the crisis in the financial markets. This time he highlights the role of the credit rating agencies in causing the crisis.
Back in the day the credit rating agencies such as Moodys and Standard & Poors [...]
Archive for December, 2008
Credit rating
Posted in economics, tagged credit, economics, finance on December 7, 2008 | 1 Comment »
Hush!
Posted in terrorism, tagged journalism, terrorism on December 3, 2008 | Leave a Comment »
From the Wall Street Journal:
For purposes of self-justification, Azam Amir Kasab, the only terrorist taken alive in last week’s Mumbai massacre, offered that the murder of Jews in the city’s Chabad House was undertaken to avenge Israeli atrocities on Palestinians. Two other terrorists cited instances of anti-Muslim Hindu violence as the answer to the question, [...]
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