Wow, that’s sooo reassuring…perhaps ‘News’ missed the US Senate report cited by the interpretOr…then again, maybe they didn’t…

Is the interpretOr alone in wondering, why the silence in Oz and elsewhere re the ratings agencies’ inherent conflict of interest and their culpability re the sovereign debt crisis engulfing Europe?

This morning’s Wall St Journal (Murdoch owned)  had plenty of splashes on impending market losses, and debate over S&P’s downgrading of US credit rating, but not a murmur re the elephant, (by now crapping all over the shop), in the room – they are paid BLOODY ENORMOUS COMMISSIONS BY THE PRODUCERS of THE PRODUCTS THAT THEY RATE!

Mork calling Orson, come in please Orson, Mork calling Orson…?