Monday, May 10, 2010

ANOTHER EPISODE OF "THE MORALS OF THE MOTU"

Getting a Wells Notice from the SEC is a pretty serious event and the owners should be told ASAP but the MOTU don't think that way. Goldman Sachs received one last September and lied about it to everyone. (h/t Atrios) Moody's did a little better but still took 6 weeks to tell anyone.

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