Hostages can’t give credible opinions on their captors. The U.S. government has made ratings on its debt useless.
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Tag Archives: Standard & Poor’s
Opinions Aren’t Fraudulent, But Lawsuits Keep Coming
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Grandstanding officials might stop filing baseless suits if taxpayers had to foot the bills. But that’s not how our system works.
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Ratings Agencies Must Fight Together For Independence
If ratings agencies don’t hang together, the government will hang them separately.
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Treasury Downgrade: A Shock But No Surprise
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S&P’s downgrade of Treasury debt was a shock but not a surprise. The move may be a step toward fixing Washington’s finances.
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The Risk-Free Myth
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The finance professors at New York University’s Graduate School of Business Administration all had experience on Wall Street, just steps …
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Where Will Tomorrow’s Workers Come From?
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With the unemployment rate still coming down from its double-digit heights, few people in the U.S. are talking about what …
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Where All The Bonds Are Investment Grade
We knew about lies, damned lies and statistics. Where do opinions and credit ratings fall?
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