Friday, March 12, 2010

Schiff Blumenthal and the rating agencies

Blumenthal and the rating agencies, part II

Yesterday Republican Peter Schiff said Democratic Richard Blumenthal's recent lawsuit against Wall Street credit rating agencies was "political grandstanding."

Schiff, who takes credit for predicting the financial meltdown, says Blumenthal's action came too late and asked where was the AG "when such lawsuits might have actually helped avert the crisis?"
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