S&P E-Mails on Mortgage Crisis Show Alarm and Gallows Humor – CNBC.com

by Blogburger on February 6, 2013


CNBC.com
S&P E-Mails on Mortgage Crisis Show Alarm and Gallows Humor
CNBC.com
The executive at Standard & Poor's was clear: "This market is a wildly spinning top which is going to end badly." That sober assessment of certain mortgage-related investments, delivered to colleagues in a confidential memo in December 2006, is now part of
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