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Ratings required by the SEC, and the public, should not come from 'for profit' companies (S&P, Moodys, Fitch)when investment banks are allowed to shop around fo
by Bricejm 15y ago
Ratings required by the SEC, and the public, should not come from 'for profit' companies (S&P, Moodys, Fitch)when investment banks are allowed to shop around for the best rating. Blatant conflict of interest.