Naturally, the investment bank will not admit to any wrong doing aside from going light on the details on some marketing materials.

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For appellate purposes Sandusky was never going to accept responsibility or admit doing something wrong, but lashing out at everyone so strongly was irrational.

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In the end, the ratings agencies will settle for an insignificant amount of money (compared to the havoc their faulty ratings caused) and will neither admit or deny wrong doing.

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