The rating agencies that sort good investments from junk are once again injecting fear into financial markets.
April 29, 2010 at 02:12 PM
1 minute read
The rating agencies that sort good investments from junk are once again injecting fear into financial markets. Only this time it’s for warning investors about a possible threat – Europe’s debt crisis – rather than for failing to see one coming.
Why do their words carry so much weight?
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