Blog on the Run: Reloaded

Thursday, May 6, 2010 12:10 am

Slightly unrigging a rigged game

Filed under: I want my money back. — Lex @ 12:10 am
Tags: , , ,

Sen. Al Franken wants the SEC to set up a panel that would assign securities to a ratings agency to be rated, rather than letting the investment banks that issue those securities go ratings-shopping, as happens now. It ain’t perfect, but people who know a lot more about this than I do, like economist Dean Baker, say it would work.

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