Page 3 - Raymond Mcdaniel News Today : Breaking News, Live Updates & Top Stories | Vimarsana

now many of the witnesses we've heard from over the course of our investigation whether it's bankers or regulators or the chairman of the federal reserve has said there was no way they could have foreseen the steep nationwide decline in housing prices we've experienced. i spect we may hear more of that today, but, of course, there were warning signs. the attempts by many states to stem the tide of deceptive and predatory mortgage practices, the 2004 fbi warnings abt mortgage fraud, and most of all the fact that housing prices had shot up an unprecedented 89 president leading to the o...

That's fine. did the guy who runs moody's clue in investors when he was put on notice for a potential investigation? of course not, you fool. he sold his stock, people. business insiders reporting that ceo raymond mcdaniel instead of informing his investors of the problem just sold all his stock. man, come on. every man for himself. 300 bucks for him. he's not the only one. his good buddy, warren buffett, one of the biggest shareholders of moody's, the ratings agency with wells notice for cooking the books with the banks. you know what i'm talking about. same guy that owns a bunch of goldman s...

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. on capitol hill today the focus was on the role of credit rating agencies in the financial crisis. and, tom, lawmakers heard a lot of excuses from executives of some of the top agencies. >> tom: susie, those former executives told senate investigators about conflicts of interest and pressure from wall street investment bankers. they said those factors were part of the reason they issued high ratings on mortgages made up of...

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. on capitol hill today the focus was on the role of credit rating agencies in the financial crisis. and, tom, lawmakers heard a lot of excuses from executives of some of the top agencies. >> tom: susie, those former executives told senate investigators about conflicts of interest and pressure from wall street investment bankers. they said those factors were part of the reason they issued high ratings on mortgages made up of...

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> susie: good evening, everyone. on capitol hill today the focus was on the role of credit rating agencies in the financial crisis. and, tom, lawmakers heard a lot of excuses from executives of some of the top agencies. >> tom: susie, those former executives told senate investigators about conflicts of interest and pressure from wall street investment bankers. they said those factors were part of the reason they issued high ratings on mortgages made up of...