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Matt Taibbi's Blockbuster Cover Story Exposes Key Culprits in Financial Crash

A Rolling Stone article details how the ratings agencies supposed to watch investment deals rubber-stamped dubious transactions.

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“What happened to the ratings agencies during the financial crisis, and what is likely still happening within their walls, is a phenomenon as old as business itself,” writes Taibbi. “Given a choice between money and integrity, they took the money.”

Alex Kane is AlterNet's New York-based World editor, and an assistant editor for Mondoweiss. Follow him on Twitter @alexbkane.

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