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Do away with the rating agency. This would force people to do their own homework and have no one to blame! If you totally rely on someone else's opinion, shame on you.
Jan 04 08:49 am
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+2
-1
All Comments by BlueOkie »Robert Rosenkranz: Get the Rating Agencies Out of the Regulatory Process [View article]
The system once was everyone paid to get the information from the rating agency. It didn't work very well so we now have the person evaluated paying. They get to shop around amongst the three. Not a good answer and I'm sure we'll see some big changes. Will it be for the better?