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SEC Regulation of Moody’s Asset-Backed Ratings

mark.tioxon.com — Mark Tioxon expresses his opinion on the SEC's decition to regulate the ratings process of Moody' and S&P on Asset-Backed Securities. Coupled with the FED's bailout of BearStearns, and you realize that government is at least attempting to FINALLY catch up with the rest of finance world - not just banking.

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