4 ms·
tl;dr The author illustrates the corruption of the ratings agencies in the recent financial situation through anecdotes and statistics, leading up to his propos
by jackfoxy 15y ago
tl;dr The author illustrates the corruption of the ratings agencies in the recent financial situation through anecdotes and statistics, leading up to his proposal to replace the function of ratings agencies with what amounts to crowdsourcing (although he does not use that word).