Another example of the "invisible hand" of the free market spanking us on the ass

This made me laugh out loud.

Moody's, the corporation that ranks the credit ratings of big-time Wall Street borrowers and investors (conflict of interest, anyone?), discovered a "bug" (read as, bad programming) in their computer models used to assess Triple-A Ratings. Moody's gave Triple-A Ratings to any securities product under the sun. Even after discovering the error in early 2007, it took them a whole year to remove Triple-A status to the products.

Another example of the "invisible hand" of the free market spanking us on the ass, perhaps?