This is a keeper, I hope you agree. The Senate Homeland Security Committee today held a fascinating hearing into the details of how Standard and Poor's and Moody's were run during the past decade, what they knew and when they knew it. All three panels were fascinating.
Panel One consists of whistleblowers.
Panel Two consists of low level managers at Standard and Poor's and Moody's.
Panel Three consists of the CEOs of Standard and Poor's and Moody's.
I hope you enjoy this. I certainly think this is worth paying attention to.
Panel One:
http://www.c-span.org/Watch/Media/2010/04/23/HP/R/32100/credit+rating+agencies+in+spotlight+on+financial+meltdown.aspxPanel Two:
http://www.c-span.org/Watch/Media/2010/04/23/HP/R/32136/Sen+Homeland+Security+Hearing+on+Credit+Rating+Agencies.aspxPanel Three:
http://www.c-span.org/Watch/Media/2010/04/23/HP/R/32137/Sen+Homeland+Security+Hearing+on+Credit+Rating+Agencies.aspxEnjoy. If you have any reaction to this hearing, please post it, I would love to hear what you think about this.
Kudos to this subcommittee.