Bond rating triangle trade

The gamesmanship of AAA ratings and the ratings agencies are now starting to be laid bare.

In this entertaining video clip we see in a more open fashion what has been going on behind closed doors in Wall Street offices…

What is missing from the ‘transactions’ being discussed is the Investor money coming into the banks for selling the bonds that they talk about, keep in mind that the Investors are the ones being swindled…

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