Rating agencies get more blame

[Joelle]

Rating agencies get more blame
      

Who was at fault for the financial crisis? Top of the list are the credit rating agencies, said a panel of Wall Street bosses in New York. 
Financial investor JC Flowers’ boss Christopher Flowers was among those slamming them for rating so many companies the highest grade of “AAA”, saying “mis-ratings” led to “extraodinary damage” to the financial [...]
         

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