A European Commissioner has warned it may be necessary to further regulate the role of credit rating agencies. Michel Barnier, in charge of revamping financial services, told the European Parliament he had been surprised by the rapid deterioration of Greece's rating. Read full article
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Disclaimer & comment rulesHaha very funny now that the European are affected by the rating agencies
May 05th, 2010 - 10:27 am - Link - Report abuse 0they want to regulated the industry. What about to have a sound economy in the first place?
aha, now they want to regulate them because some of them know they are gonna lose the AAA rating. LOL
May 05th, 2010 - 05:25 pm - Link - Report abuse 0World is watching an interesting movie, this is a breakpoint in history, new powers will emerge from this crisis!
Now they suffer what Argentina was suffering from several years, harrasment from international agencies with their stupid ratings, now DEAL WITH THEM S*CKERS!!!!!!!!
May 05th, 2010 - 05:28 pm - Link - Report abuse 0Commenting for this story is now closed.
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