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A comment on Battery technology may emerge as a trillion-dollar threat to credit markets. Parent comment

Re:Battery technology may emerge as a trillion-dollar threat... by pmorici on Sunday October 23, 2016 @10:55PM (#12776551)
Their scapegoat was the model. In reality they could probably make a model that gave whatever rating the client desired. That is the fraud, they weren't working in the interest of the investors they were working in the interests of the investment bankers.

https://www.youtube.com/watch?v=19amWOc1GJ8

https://www.youtube.com/watch?v=whlzFWwVv98

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