“Ataque” ao euro
Chappatte, «International Herald Tribune»
Marc Pitzke da Der Spiegel, escreve que muitos colocam boa parte da culpa da crise de 2008 nas três grandes agências de rating, que deram a classificação de AAA a maus investimentos. Segundo Pitzke — e muitos europeus pensam como ele — essas mesmas agências estão agora a ajudar a derrubar a zona euro e ninguém parece interessado em os deter:
The scandal brewing over Goldman Sachs, Wall Street’s biggest bank, has been sucking in more and more players. These include the bankers and traders who sold the infamously risky credit products that helped trigger the subprime crisis, the hedge fund billionaire John Paulson, who cashed in big at the expense of the victims, and the US politicians who condoned the farce for the longest time.
One group, however, has so far escaped the grip of the widening affair, although it’s embroiled just as deeply. That group is the major credit rating agencies — the same ones which are now causing Europe to shudder, having downgraded their ratings for Greece, Spain and Portugal.
It was Standard & Poor’s (S&P) and Moody’s, the same two agencies which are now rocking the European boat, which in 2007 had given their seal of approval to “Abacus 2007-AC1,” Goldman’s ill-fated credit product, by giving it the highest AAA rating — only to cut it down to “junk” status nine months later. Goldman’s investors lost more than $1 billion; the Securities and Exchange Commission (SEC) is suing Goldman for fraud, alleging that it misled investors. […]
These are the same companies which are now messing with Europe’s financial present and future. This is how it works: The agencies set the credit ratings for companies, even entire countries, and assess the risk of their investment products. These range from simple bonds to complex constructs like the derivatives and collateralized debt obligations (CDOs) which formed the house of cards that collapsed during the 2008 financial crisis and which are also at the center of the current lawsuit against Goldman Sachs. […]
Peter Bofinger, um economista e conselheiro do governo de Angela Merkel, não concorda com a decisão da Standard & Poor’s em reduzir a classificação da Grécia e de Portugal.
Petar Pismestrovic, «Kleine Zeitung»