Credit Matters: What have the rating agencies ever done for us?

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CREDIT MATTERS

Credit Matters: What have the rating agencies ever done for us?

Issue: 1164 - 23 July 2010

Just like the Romans in Monty Python’s Life of Brian, the rating agencies are universally despised, handy scapegoats to blame for everything that goes wrong. But do they really deserve such a bad reputation? Absolutely, says Gary Jenkins, who is not the Messiah, but a very naughty credit analyst. ..

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