Thursday, October 23, 2008

"Let's hope we are all wealthy and retired by the time this house of cards falters...''

Oct. 22 (Bloomberg) -- Employees at Moody's Investors Service and Standard & Poor's privately questioned the value of some mortgage-backed securities that were given creditworthy ratings, saying they created a ``monster,'' according to e-mails released by a U.S. House panel.

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