August 11, 2011
The Revenge of the Rating Agencies
Posted by Lisa Fairfax

My colleague Jeffrey Manns has an op-ed in the New York Times called The Revenge of the Rating Agencies in which he argues that the financial crisis "jeopardized [credit rating] agencies' privileged position," and that such agencies are taking advantage of the country's financial problems to "ensure that regulators do not reduce their autonomy and influence."  It is an interesting read.

Current Affairs, Financial Crisis | Bookmark

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