Submitted by Toni Straka of The Prudent Investor
AAA Rating or Not - Crowd Sourced Wikirating Values Your Input
Recent downgrades of European government and bank debt have fuelled the discussion on the establishment of a new European rating agency. This will bring no relief, as long as Euro politicians will be eager to exert influence in such a new entity, can be concluded after their accusations that S&P's move on January 13 was politically motivated.
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