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Rating Agency $ Debacle. Big Hank & Helicopter Ben could learn from Iceland here

From news_archive.php?id=79069

[B]Ok, who is this referring to?[/B] "...they give off an unpleasant odor of unscrupulous dealers who have decided to make a last stab at breaking down the Icelandic financial system". "They will not get away with it". These comments, made by the Chairman of the Icelandic Central Bank, David Oddsson, confirms that Hedge Funds (described as "unscrupulous dealers") are out in force, attacking the country's financial system. Iceland is in a tough position right now, and looking vulnerable; the current account deficit is at 16% of GDP, and inflation stands at 8.7% against the central bank’s target of 2.5%, and overnight ... (full story)

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