Thanks for the post. I have been following this and am curious to see how this will play out in the future.
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Thanks for the post. I have been following this and am curious to see how this will play out in the future.
I think it is a good development that this has come from an agency such as Weiss that prides itself in being independent and taking no money from the companies it rates. We all know what happens when ratings agencies are in bed with the companies they rate. The same as when government agencies are staffed by corporate insiders.
Again we see the finance industry trying to bring some order to the wild west!