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New Year’s Resolution For S&P To Consider: Properly Rate A Security For The First Time

Just one, not all. Start small.

Standard & Poor’s said it may downgrade 1,196 securities tied to U.S. residential mortgages after it “incorrectly analyzed” the debt in light of the securitizations’ actual structures. The bonds were created mostly this year in 129 transactions called re-remics, which are formed by repackaging existing home- loan securities, New York-based S&P said today in a statement.

S&P Says It ‘Incorrectly Analyzed’ Re-Remic Mortgage Bonds [BW]

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22 Responses to “New Year’s Resolution For S&P To Consider: Properly Rate A Security For The First Time”

  1. Guets says:

    over my dead body.

    -s&p chief

  2. Guets says:

    over my dead body.

    -s&p chief

  3. indridcold says:

    FUCK THAT

    -Moody’s

  4. indridcold says:

    FUCK THAT

    -Moody’s

  5. Koolaidisfun says:

    Hey, we will rate securities the proper way! Someone play with us, we matter!!

    Hello? Is this still on?

    -Fitch

  6. Koolaidisfun says:

    Hey, we will rate securities the proper way! Someone play with us, we matter!!

    Hello? Is this still on?

    -Fitch

  7. parmalat says:

    Please be advised that due diligence will not be required. Our accounts are true and properly reflect our cash position. I consider it an insult should you feel otherwise.

    Calisto Tanzi
    Parmalat SPA

  8. parmalat says:

    Please be advised that due diligence will not be required. Our accounts are true and properly reflect our cash position. I consider it an insult should you feel otherwise.

    Calisto Tanzi
    Parmalat SPA

  9. Vajazzle says:

    Waffles? Waffles.

  10. Vajazzle says:

    Waffles? Waffles.

  11. Vajazzle says:

    Waffles? Waffles.

  12. Guest says:

    New years resolution
    To smack more Moody’s ladies asses at the next Christmas party.

    Marc Brammer
    Director Moody’s
    Owner RealCatholicTV.com
    Member Opus Dei Club of South Bend Indiana

  13. Guest says:

    New years resolution
    To smack more Moody’s ladies asses at the next Christmas party.

    Marc Brammer
    Director Moody’s
    Owner RealCatholicTV.com
    Member Opus Dei Club of South Bend Indiana

  14. Guest says:

    New years resolution
    To smack more Moody’s ladies asses at the next Christmas party.

    Marc Brammer
    Director Moody’s
    Owner RealCatholicTV.com
    Member Opus Dei Club of South Bend Indiana

  15. S&P Corporate Ratings MD says:

    I think this is a good idea. We’ll start by downgrading Moody’s.

  16. S&P Corporate Ratings MD says:

    I think this is a good idea. We’ll start by downgrading Moody’s.

  17. S&P Corporate Ratings MD says:

    I think this is a good idea. We’ll start by downgrading Moody’s.

  18. S&P Corporate Ratings MD says:

    I think this is a good idea. We’ll start by downgrading Moody’s.

  19. S&P Corporate Ratings MD says:

    I think this is a good idea. We’ll start by downgrading Moody’s.

  20. Guest says:

    How can you screw up rating securities? Ours are awesome, they have big black jackets and make sure to keep the hobo’s out.

    -Former LEH Quant

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