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Influence/Effects of American Rating Agencies ?
Prof Eman
Posted: 19 February 2012 16:46:20(UTC)
#1

Joined: 08/04/2010(UTC)
Posts: 480

From Fitch, Moody's, Standard & Poor; to the likes of Trip Advisor, American Rating Agencies have increasingly become the subject of discontent/debate in the international/national, big/small business fields.
There has been a lot of disquiet about the above-
Just how useful are they?
Do they just effect self-fulfilling prophecies?
Are they just another component in the destructive nature of recession?
Please comment.
Prof Eman
Posted: 21 February 2012 20:34:10(UTC)
#2

Joined: 08/04/2010(UTC)
Posts: 480

I would just like to add to the above.
New uses are being found for rating agencies. one of the most recent is credit rating of hospitals. Please see The Guardian- NHS plans for credit Rating Agencies to vet hospitals-by Randeep Ramesh 19/01/2012.
Seems their use ends nowhere.
What next?
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