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<p>[QUOTE="GDJMSP, post: 1469856, member: 112"]Well Ruben I have to disagree yet again. First of all, it is not illegal in stocks. Companies like S&P, Moody's, Fitch - they do exactly the same thing with stocks that TPGs do with coins - they grade them. And there is absolutely no law that says that I cannot say that Moody's, S&P, or anybody else, misgraded a stock or bond. In fact I used to do exactly that when I wrote a financial newsletter. I was never arrested or charged with a crime. </p><p><br /></p><p>In fact, when the big wigs from S&P, Moody's etc testified before Congress they stated flat out that all they are doing when they grade a stock or bond is giving their opinion of that stock or bond. And it is never illegal for anyone to say that S&P or anyone else did a bad job judging that stock or bond because all you are doing is disagreeing with their opinion.</p><p><br /></p><p>Secondly, what does anything having to do with the stock & bond markets have to do with the coin market besides absolutely nothing ? The coin market is not regulated or restricted by any entity, govt. or otherwise. There are no laws, regulations or anything else that say that CAC cannot give their opinion on the grade assigned to a coin by the TPGs. And just because you think something is illegal, or fraud, that does not mean that it is. But you are welcome to think so if you wish.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1469856, member: 112"]Well Ruben I have to disagree yet again. First of all, it is not illegal in stocks. Companies like S&P, Moody's, Fitch - they do exactly the same thing with stocks that TPGs do with coins - they grade them. And there is absolutely no law that says that I cannot say that Moody's, S&P, or anybody else, misgraded a stock or bond. In fact I used to do exactly that when I wrote a financial newsletter. I was never arrested or charged with a crime. In fact, when the big wigs from S&P, Moody's etc testified before Congress they stated flat out that all they are doing when they grade a stock or bond is giving their opinion of that stock or bond. And it is never illegal for anyone to say that S&P or anyone else did a bad job judging that stock or bond because all you are doing is disagreeing with their opinion. Secondly, what does anything having to do with the stock & bond markets have to do with the coin market besides absolutely nothing ? The coin market is not regulated or restricted by any entity, govt. or otherwise. There are no laws, regulations or anything else that say that CAC cannot give their opinion on the grade assigned to a coin by the TPGs. And just because you think something is illegal, or fraud, that does not mean that it is. But you are welcome to think so if you wish.[/QUOTE]
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