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Are Credit Rating Companies Relevant?

Fri 22 Jun 12 | 07:40 AM ET
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Are Credit Rating Companies Relevant?

Fri 22 Jun 12 | 07:40 AM ET
"Rating companies risk becoming irrelevant by always becoming a lagging indicator," says James Nadler, Kroll Bond Rating Agency president & COO, weighing in on why the markets were not surprised by Moody's downgrade of 15 banks.
 
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