Tag Archive for 'failing'

Billionaire investor says rating agencies were not alone in failing to predict depth of crisis

Billionaire investor says rating agencies were not alone in failing to predict depth of crisis
NEW YORK, N.Y. – Billionaire investor Warren Buffett on Wednesday defended credit rating agencies that gave overly positive grades to mortgage-related investments before the housing bust. He said the agencies were among many who missed warnings signs of the crisis.

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