Barry Ritholtz speaking to Canadian TV on his feelings about S&P, Moody's, and Fitch:
I stated my long held views about them: That they were a prime enabler of the credit crisis; that they were one of the most corrupt institutions in the United States, and had sold their ratings to the highest bidder. That their senior executives were criminally liable and deserved jail time.C'mon Barry. Tell us how you really feel.
S&P, Moody’s and Fitch themselves deserved to be executed — the same corporate death penalty that Arthur Anderson received. I stated I was perplexed as to why they were not put down like rabid dogs". ... "The issue here is not the debt ceiling or the ongoing deficits — but rather, yet another corporate criminal allowed to roam free."