Blame for the crisis in real estate lending seems to be zeroing in on the credit-rating agencies that, starting in 2000, signed off on the complex new debt instruments that have proved to be so vulnerable and opaque.
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Dealing with "Sympathetic Bias"
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Blame for the crisis in real estate lending seems to be zeroing in on the credit-rating agencies that, starting in 2000, signed off on the complex new debt instruments that have proved to be so vulnerable and opaque.