S&P Offers Mea Culpa On Ratings

Ackerman, Andrew
March 2009
Bond Buyer;3/5/2009, Vol. 367 Issue 33075, p1
Trade Publication
The article reports on the issuance of Standard & Poor's Corp. of a white paper in the U.S. that supports increased global oversight of rating agencies. The authoritative report covers rules that require robust disclosure of rating criteria and methodologies. The paper comes as legislators and financial regulators are considering additional oversight of rating agencies in response to criticism that they provided unwarranted high ratings.


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