An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, May 10, 2010
Moody's gets a "Wells notice" from the SEC
A Wells notice is the worst notice any firm can get from the SEC. It could put you out of business.
Moody's got one!
It looks like regulators are finally going after the ratings agencies.
Thank god.
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