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<title>Escape BBS -  How the Credit Rating Agencies Engineered the Goldman Sachs Bailout [Goldman Project] </title>
<link>http://escape-bbs.info/News/-how-the-credit-rating-agencies-engineered-the-goldman-sachs-bailout-goldman-project-/</link>
<description>Last year's financial collapse was made possible by the greed and incompetence of credit rating agencies, who got paid to lie about the value of subprime debt. It turns out they were responsible for the Goldman Sachs bailout, too. When AIG was bailed out to the tune of $150 billion last year, we were told it was necessary because of the "systemic risk" to the economy that would have been posed had...</description>
<pubDate>Wed, 18 Nov 2009 08:02:26 CST</pubDate>
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