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The Spitz Talks About What "That Huge Sucking Sound" Is

Who can make the rating agencies seem credible? The Spitz can. On today's installment of financial Romper Room, the good ex-governor teamed up again with D-Rat and Sherrod Small to explain the intricacies of rating MBS. After his trademark call for greater integrity, the guy partly responsible for a brothel promotional campaign got to the heart of the matter and addressed RA fee agreements. Quid-pro-quo arrangements don't sit so well with the Spitz. In fact just mentioning them led him to have a momentary flashback when remarking that the agencies cleverly hid those agreements as "the secret we don't want anybody to know".

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