Compass Quote by Matt Taibbi

I think, as time passes, people will come to see that the United States' credit standing is really not quite the same level as…

— John T. Chambers

There was a time when people thought that if you piled a bunch of mortgages together, the top of the pile was AAA. There…

— Ken Moelis

We may very well be faced with the choice of retaining the AAA credit rating or abandoning some of our key infrastructure projects, which…

— Jay Weatherill

Ratings agencies are highly conflicted, unimaginative dupes. They are blissfully unaware of adverse selection and moral hazard. Investors should never trust them.

— Seth Klarman

The thought for a long time was that banks needed to be too controlled, too regulated to be turned over to the Wild West…

— Sarah Lacy

Ratings translate into corporations, corporations that need a profit statement this quarter that's larger than the last.

— Norman Lear

“As always, behind the flow of money necessary for such mergers and acquisitions were the banks. Once there were hundreds of banks in America,…

— Jim Marrs

All the risky things that were happening back in ’06 and ‘07 are back again to the same level, if not more. So we…

— Nouriel Roubini

“The alchemy that the ratings agencies performed was to spin uncertainty into what looked and felt like risk. They took highly novel securities, subject…

— Nate Silver

I haven't studied it deeply, but the American banks started the crisis with far more capital and what I would call "good liquidity." The…

— Jamie Dimon

The banks, because of mismanagement, because of huge risk taking, are now in very vulnerable positions. We can expect that we're gonna have to…

— Barack Obama

“The alchemy that the ratings agencies performed was to spin uncertainty into what looked and felt like risk. They took highly novel securities, subject…

— Nate Silver