Financial Regulatory Forum

ANALYSIS-Credit rating agencies should not be dupes

May 14, 2010

By Dan Wilchins

NEW YORK, May 13 (Reuters) – New York Attorney General Andrew Cuomo is looking at whether investment banks duped credit rating agencies, but a bigger question is why the rating agencies failed to prevent the financial meltdown.

ANALYSIS-German ratings agency idea a tough challenge

October 28, 2009

LONDON, Oct 28 (Reuters) – The German government’s idea for a new European-based credit rating agency comes at a vulnerable time for the tarnished sector but such a body will have to offer more than a copycat service if it is to succeed.

US Treasury warns on credit ratings regulation

August 5, 2009

WASHINGTON, Aug 5 (Reuters) – The Obama administration is resisting calls to get involved with ensuring that credit ratings are reliable and said on Wednesday this would force investors to rely even more on the ratings. (more…)