Standard & Poors, aka “S&P” is one of a handful of players in the bond and securities rating space that have been in the news lately concerning inherent conflict of interest.
Let’s see if I got this right, the entity’s that want to sell securities pay S&P a fee to rate the risk of these securities. […]
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Standard and Poors Doesn’t Get it
Posted by companyman in August 2nd 2008