s and insurance companies. Some wonder if Mr. Kroll is out of his depth this time. "What does he know about giving me a rating on a security?" asks Richard X. Bove, an analyst at Rochdale Securities. Others aren't so quick to write off Mr. Kroll. Michael F. Price, the prominent value investor, is bankrolling Kr

ges and was not 61 EFTA00316789 Case 1:08-cv-02793-RWS Document 102 Filed 02/27/09 Page 77 of 347 exposed to the subprime market. Punk Ziegel's Richard X. Bove ("Bove") was openly skeptical. In a report dated February 8, 2008 he stated that: the firm is marking down the value of its more questionable secu