
Wall Street at War
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Many of the problems that lie at the heart of the current financial crisis stem from a significant but little-known development that occurred in the early 1980s: investors changed their investment criteria. This change gave rise to a conflict - a silent war - between executives in charge of the world''s largest corporations, on the one hand, and credit agencies whose task it is to enforce the crit...
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Many of the problems that lie at the heart of the current financial crisis stem from a significant but little-known development that occurred in the early 1980s: investors changed their investment criteria. This change gave rise to a conflict - a silent war - between executives in charge of the world''s largest corporations, on the one hand, and credit agencies whose task it is to enforce the crit...
Read more
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