A Happy Monopoly – Ratings Agencies

  • Twitter
  • Facebook
  • Linkedin
  • Message

A Happy MonopolyHappy monopoly describes the ongoing status of the SEC approved rating companies (Nationally Recognized Statistical Rating Organizations – NRSRO). Notwithstanding that the Financial Crisis Investigation Commission and Senator Carl Levin’s Subcommittee on Oversight confronted the CEOs of the big ratings firms whose crisis-related pay went up by a multiple…

Read more >>