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SEC Bans Wrong Ratings Agencies

From The Big Picture
January 23, 2013 - 7:11am
Throw back the little ones And pan fry the big ones Use tact, poise and reason And gently squeeze them -Steely Dan, Throw back the Little Ones   The WSJ is reporting that the Securities and Exchange Commission has suspended small ratings firm Egan-Jones from issuing any “official ratings” on bonds issued by countries, U.S. states, [...]

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