Press "Enter" to skip to content

Tag: rating agencies

Quis custodiet ipsos custodes?

Gabriele Guglielmi, Filcams CGIL Nazionale, OpenCorporation Coordinator

In a great article titled “The undeserved power of rating agencies” published on March 19, 2012 in the magazine Internazionale, JAYATI GHOSH, an economist who teaches at the Jawaharlal Nehru University of New Delhi, taking his cue from the fact that “the rating agency Moody’s has put Ethiopia under observation for a possible downgrade” wrote a sharp and stark analysis on the “extraordinary and undeserved power exercised by a few private rating agencies”.