Lawyer for Credit Rater: We’re Protected by First Amendment
HuffPostFund asked:
The nations biggest credit rating agencies are facing blame for underestimating the risk that led to the financial crisis. Floyd Abrams discusses his defense of Standard and Poor’s, arguing that credit rating agencies are entitled to free-speech protections similar to those given to journalists. … “credit rating agencies” “Standard and Poor’s” S&P “First Amendment” “financial crisis” “Floyd Abrams”
Fascism is what’s being promoted by the powers-that-be as the cure-all for America’s ills.
Hate to use a cliche, but this doesn’t pass the smell test.
Agreed.
spurious argument.
These ratings agencies should be sued along with the banks for fraud.
Not responsible for what they’re doing. I have nothing against freedom of speech. I do have something against their claims to privacy.
the guy asking the questions is clearly a complete retard: he tries to distinguish between “an opinion” and an “expert” analysis… WTF ! haha
its more than an opinion, its a rating
said rating is an industry standard. definitely more than merely an opinion.