Articles by Michaela Schiessl, Christoph Schult and Thomas Schulz
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Fear of the Executioners: The Sinister Power of the Rating Agencies
Michaela Schiessl, Christoph Schult and Thomas Schulz – Der Spiegel,
22 Aug 2011
The most obvious solution — perhaps even the only solution — to break the power of the agencies without also destabilizing the entire financial system would be to remove the rating stipulations from the regulations. This would allow investors to seek alternative sources of information without being bound, for better or for worse, to the agencies’ opinions.
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