[open-economics] Some thoughts on S&P's USD 1.4 Billion Settlement

[marc at publicsectorcredit.org]

Rating agencies may not have been able to create so many distortions if the data and models they used were open.  I made this argument in a 2013 Guardian opinion piece:  http://www.theguardian.com/commentisfree/2013/feb/25/moodys-sp-credit-rating-agencies-need-reform.  I hope others on this list find the idea of opening up the credit rating system interesting.

Also, I wanted to share a new blog post I wrote about the USA's credit rating:  http://blog.wikirating.net/2015/02/03/sp-settles-now-how-about-that-us-bond-rating/

Marc
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