Thursday, May 29, 2008

Moody's, S&P face tougher regulation in US, Europe

(LONDON) Moody's Investors Service and Standard & Poor's, reeling from criticism over the way they rated asset-backed debt, face tougher global regulation to prevent a repeat of the US sub-prime mortgage crisis.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,281476,00.html?

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