Comments on: Rating Agencies: Disease and Cure http://www.concurringopinions.com/archives/2008/10/rating_agencies.html The Law, the Universe, and Everything Tue, 14 Feb 2012 11:44:40 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Shakes the Clown http://www.concurringopinions.com/archives/2008/10/rating_agencies.html/comment-page-1#comment-46609 Shakes the Clown Thu, 30 Oct 2008 19:17:43 +0000 http://www.solove.org/archives/2008/10/rating-agencies-disease-and-cure.html#comment-46609 I think we Credit Ratings Agencies should disclose how they are getting paid. I also think they shouldn't have a government charter or be connected in any way to the SEC. Their formal role as regulators probably helped deceive investors in some fashion. I think we Credit Ratings Agencies should disclose how they are getting paid. I also think they shouldn’t have a government charter or be connected in any way to the SEC. Their formal role as regulators probably helped deceive investors in some fashion.

]]> By: Bobo Linq http://www.concurringopinions.com/archives/2008/10/rating_agencies.html/comment-page-1#comment-46608 Bobo Linq Thu, 23 Oct 2008 16:22:52 +0000 http://www.solove.org/archives/2008/10/rating-agencies-disease-and-cure.html#comment-46608 <blockquote>Scholars have long berated the rating agencies, especially Frank Partnoy. </blockquote> <p>Unless Partnoy is a rating agency, you might want to write:</p> <blockquote>Scholars — especially Frank Partnoy — have long berated the rating agencies.</blockquote>

Scholars have long berated the rating agencies, especially Frank Partnoy.

Unless Partnoy is a rating agency, you might want to write:

Scholars — especially Frank Partnoy — have long berated the rating agencies.

]]> By: Frank Pasquale http://www.concurringopinions.com/archives/2008/10/rating_agencies.html/comment-page-1#comment-46607 Frank Pasquale Thu, 23 Oct 2008 07:05:26 +0000 http://www.solove.org/archives/2008/10/rating-agencies-disease-and-cure.html#comment-46607 I've learned a lot from Jeff's previous work and look forward to reading this. By the way, here are some ideas Alan Blinder mentioned: "My Princeton colleague Dilip Abreu suggests paying ratings agencies with some of the securities they rate, which they would then have to hold for a while. Robert Pozen, head of MFS Investment Management, wants independent investors in the conduits to hire the agencies instead. Another idea would have a public body, like the S.E.C., hire the agencies, paying the bills with fees levied on issuers. If you have a better idea, write your legislators." from http://www.nytimes.com/2008/05/04/business/04view.html?scp=3&sq=blinder%20rating&st=cse I’ve learned a lot from Jeff’s previous work and look forward to reading this. By the way, here are some ideas Alan Blinder mentioned:

“My Princeton colleague Dilip Abreu suggests paying ratings agencies with some of the securities they rate, which they would then have to hold for a while. Robert Pozen, head of MFS Investment Management, wants independent investors in the conduits to hire the agencies instead. Another idea would have a public body, like the S.E.C., hire the agencies, paying the bills with fees levied on issuers. If you have a better idea, write your legislators.”

from

http://www.nytimes.com/2008/05/04/business/04view.html?scp=3&sq=blinder%20rating&st=cse

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