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in the room. when the goldman exec said the ratings should have been based on what was in the securitization packages, the senator couldn’t fathom that and insisted ratings criteria should have been focused on the presence of paulson when the packages were being assembled. a high school debat...
Which brings me to Ross’s comment on Facebook. He’s right, of course – or mostly so. Software will be hacked within a day of release, but that’s not what’s important. The meat of his comment is found in a single word, punctuated with a period. “Tyranny.” This law is main...