European politicians are fuming over the US credit ratings agencies and their role in various financial crises. But some experts say it was governments who allowed rating firms to gain too much power in the first place. After stocks and the euro took a tumble this week on the announcement that credit rating agency Standard [...]
Blaming Credit Ratings Agencies
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Leave a Comment | Tags: credit ratings agencies, economic meltdown, Fitch, global financial crisis, International Monetary Fund, Moody's, nation's financial health, Standard and Poor's
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