US regulator says it has discovered ‘apparent failures’ at 10 credit rating agencies

Monday, October 3rd 2011 - 06:56 UTC

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The United States Securities and Exchange Commission (SEC) has discovered “apparent failures” at 10 credit rating agencies. SEC said it was concerned that the agencies - including Standard & Poor's (S&P) and Moody's - were not making timely and accurate disclosures or managing conflicts of interest. Read full article

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so_far
Eureka ?

The US are beginning to see the tip of the iceberg...

”The United States Securities and Exchange Commission (SEC) has discovered “apparent failures” at 10 credit rating agencies. SEC said it ...were not making timely and accurate disclosures or managing conflicts of interest“

Cristina is right...is time to hear developing economies and their proposal for safer world and just.

”..we live in a world full of financial speculation, which destroys lives and hopes of millions.”
” ..... the Head of State charged against international rating agencies as she warned that ”They [rating agencies] have great responsibility for the global crisis”.

http://en.mercopress.com/2011/09/21/argentine-president-at-un-threatens-to-suspend-falklands-air-link-with-chile
Oct 03rd, 2011 - 01:42 pm - Link - Report abuse 0
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