Earlier quoted context omitted.
So is the only difference between lying and knowingly misleading the point in time of the subject in question?
> the only difference between lying and knowingly misleading the point in time of the subject in question? If I say “this stock will rise in value” and then it doesn’t, that isn’t lying. If I say that while knowing the CEO is committing felonies, it still wouldn’t be lying, but it would be problematic. If I say “this is a share of Apple” when it’s actually Twitter, that’s lying. Bad forecasts aren’t lies, they’re mis…
> If you look at every security the agencies rated AAA, they performed as expected in cash flows.
Why do you think Moody's agreed to pay an almost $900 million settlement over allegations that they inflated the ratings of toxic securities?