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

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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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