Rating agencies under scrutiny once more
Rapid downgrade of Greece prompts Barnier to call for an investigation into CRA practices.
The rapid downgrading of Greece's sovereign debt has prompted questions to be asked about the way credit rating agencies operate.
Michel Barnier, the European internal markets commissioner, told members of the European Parliament, as reported in UK newspaper The Independent, that there needed to be a fresh investigation into the way the agencies work. "I think we need to go further to look at the
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