Ingrained Indeed
Posted in Voluntary Society, You Can't Have it Both Ways on Aug 11th, 2011
Here are our esteemed members or Congress on relying on the influence of unaccountable and entrenched ratings agencies: Republican lawmakers have been less critical of S&P’s decision but agree that changes are needed. Rep. Randy Neugebauer (R., Texas) said banking regulators have so ingrained ratings into the financial system, they have “almost made it a […]