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Friday, June 22, 2018
rating agencies

Should Obama Just Pay Off Ratings Agencies (Like Bankers Did)?

When Standard and Poor’s announced its dreaded downgrade of U.S. Treasury bonds from their traditional AAA status last Friday, perhaps all the investors, legislators and citizens who trembled ought to have laughed instead. Perhaps they should ask whether S&P, as one of the handful of ratings agencies whose dubious conduct spurred the financial crisis, might […]

August 8, 2011