10 Years Since the Financial Crisis: July 2007 – Credit Rating Agencies – Key Enablers of the Financial Crisis: “We Were Either Incompetent or Sold Our Soul to the Devil for Revenue”

10 Years Since the Financial Crisis: July 2007 – Credit Rating Agencies – Key Enablers of the Financial Crisis: “We Were Either Incompetent or Sold Our Soul to the Devil for Revenue” Credit Rating Agencies Moody’s and Standard and Poor’s…

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At number 5, we have Yorkshire Bank and Clydesdale, which was fined £21 million for failing to deal with #PPI compl… twitter.com/i/web/status/1…
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At number four in the top ten list of banks PPI provisions is #HSBC. This was one of the first firms to be fined fo… twitter.com/i/web/status/1…
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Only in around half of #PPI sales since 2000 have consumers made a complaint or been contacted by their bank so bil… twitter.com/i/web/status/1…
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At Barclays, PPI “comprised between 32% and 42% of Barclays’ UK retail and business bank pre-tax profit between 200… twitter.com/i/web/status/1…
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Banks received very high levels of commission for selling PPI, with average commission rates between 50% and 80% of… twitter.com/i/web/status/1…