Where Integrity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Profits over integrity. it's the same story we saw for over a decade on wall street where integrity was thrown overboard to preserve profits. they lied. >> the idea that there were people on wall street, that the ratings agencies would play the role of cop, of keeping everybody is honest is how they deflected any idea that there should be government regulation. >> this was the old line self-regulation. we have a mechanism in place to make sure we will not defraud you the public and the marketplace. of course, self-regulation is one of the great oxymorons of all time. but just so it's clear, th...

Got it exactly right in your introduction, the investment banks, the rating agencies, all of the links in the chain that marketed this junk, all the debt that saddled and then destroyed our economy was marketed by people who knew they were selling us poop, to use the polite word you just used. >> and they thought it was hilarious. that's why they were joking the terms. >> give them credit for the good sense of humor. you read the e-mails. they made up new lyric tots the song "burning down the house." they're clever, but malicious and dangerous. listen to this one excerpt from page 46 of the co...