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November 05, 2012

Felix Salmon: "12 local councils in Australia bought a bunch of CPDOs, and they only did so because S&P had given those instruments a triple-A rating. S&P, in turn, should never have given the CPDOs that triple-A rating. So it’s S&P’s fault that the c

http://blogs.reuters.com/felix-salmon/2012/11/05/hero-of-the-day-cpdo-edition/

on November 05, 2012 at 11:55 AM |

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