Credit Raters Join the Rated
By Jeannette Neaumann
Published December 2 2011 Wall Street Journal
More than 100 analysts at credit-rating firms have left over the past five years to work for financial companies they once helped to rate, according to recent data aimed at flagging potential conflicts of interests at rating firms. The tallies come as the Securities and Exchange Commission is finalizing proposals to tighten controls over the credit-rating industry following the sharp criticism of raters during the financial crisis.
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