With many thanks to my capable colleague Phil Rothman (that's him on the right)
( http://www.ecu.edu/cs-educ/econ/rothmanp.cfm ) read this about the complicity of the ratings agencies in our current mess, if you can stand it without getting nauseated.
http://www.bloomberg.com/apps/news?pid=email_en&refer=exclusive&sid=ah839IWTLP9s
and a second heaping helping of our latest installment of "Accountants Behaving Badly!"
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ax3vfya_Vtdo
( http://www.ecu.edu/cs-educ/econ/rothmanp.cfm ) read this about the complicity of the ratings agencies in our current mess, if you can stand it without getting nauseated.
http://www.bloomberg.com/apps/news?pid=email_en&refer=exclusive&sid=ah839IWTLP9s
and a second heaping helping of our latest installment of "Accountants Behaving Badly!"
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ax3vfya_Vtdo
3 comments:
There is plenty of blame to go around. Is there any way we can pin it on the French?
Thanks for thinking of this. It slipped my mind.
I cannot take all the credit for this idea. I got it from Milton Friedman(see page 47 of your first book)
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