Faculty News

Profs Richard Sylla and Lawrence White on ratings agencies

Excerpt from The New York Times -- "Professor Sylla said that the ratings agencies could be forced to stop making their money off the entities they rate and instead charge investors who use the ratings. ... The ratings agencies lost a bit of ground on their First Amendment protections in the recent financial reform bill, which put the ratings firms on the same legal liability level as accounting firms, Professor White said." Additional coverage appeared on CNBC, Sacramento Bee, Herald T ribune, Gainsville.com and Seattle Times.

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