globaleconomicanalysis.blogspot.com — Among the places caught up in the subprime mess are Connecticut, Florida, Maine, Montana and Washington. Those managing public funds had no idea what they were buying. Fund managers blindly bought anything top top rated as if there was no risk to the extra yield they received. Government sponsorship of ratings agencies is a big part of the problem.
Nov 21, 2007 View in Crawl 4
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