Declaration of Independence

- Dalia Fahmy
- 01 Jul 2005

In the past few years, independent credit research has edged toward the spotlight, pushed by the increased scrutiny of equity analysts and demand from a growing hedge fund community. While the $1.4 billion "global settlement" struck between US regulators and eight sell-side firms in the wake of the WorldCom fiasco in 2002 – which included a $450 million payment to promote independent

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