Whether or not the downgrade of United States debt was merited, there are fundamental conflicts in the business model of credit ratings agencies that regulations need to address, an economist writes.
By NANCY FOLBRE, New York Times
Mon, 08/15/2011 - 3:00am
Whether or not the downgrade of United States debt was merited, there are fundamental conflicts in the business model of credit ratings agencies that regulations need to address, an economist writes.