Digital Drive

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RE: Clarification

Posted by Charles Hansen on May 17, 2017 at 08:08:31:
As you pointed out, Wall Street deliberately obfuscated what they were doing with their sub-prime mortgage lending. If you have seen the excellent film "The Big Short", you will know that this deception could not have taken place without the active collusion of the bond ratings firms, who were supposed to provided oversight.

If using this debacle as an analogy for MQA, do you think there may be a correspondence between the bond ratings firms and the audiophile press?