Comments on: Welcome to TheRatingsDebate.com http://www.theratingsdebate.com/welcome/ Fri, 20 Nov 2009 00:59:16 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Brian Battle http://www.theratingsdebate.com/welcome/comment-page-1/#comment-5 Brian Battle Thu, 20 Aug 2009 15:37:00 +0000 http://theratingsdebate.com/?p=1#comment-5 Stephen: Your assesment is apt. The government / regulatory bodies vilify the ratings agencies and then insist on using them for capital adequacy and risk measument purposes. The ratings are hard wired into the US Financial system. We have to figure out how to use the system we have. It seems improbable we could have a "do-over" and start from scratch. The best we can do is enhance the existing infrastructure to more accurately reflect the risk the rating is trying to communicate. Stephen: Your assesment is apt. The government / regulatory bodies vilify the ratings agencies and then insist on using them for capital adequacy and risk measument purposes. The ratings are hard wired into the US Financial system. We have to figure out how to use the system we have. It seems improbable we could have a “do-over” and start from scratch. The best we can do is enhance the existing infrastructure to more accurately reflect the risk the rating is trying to communicate.

]]> By: Cate Long http://www.theratingsdebate.com/welcome/comment-page-1/#comment-4 Cate Long Wed, 19 Aug 2009 11:42:49 +0000 http://theratingsdebate.com/?p=1#comment-4 Thank you for getting involved in the discussion of the regulation of NRSROs. It has been a multi year process for the SEC and Congress and lots of information and opinions have been collected. Please consider contributing to our open source wiki on the issue of credit raters and other topics before Congress related to financial markets regulation. To see more on NRSROs: http://freerisk.org/wiki/index.php/Credit_rating_agencies Thank you for getting involved in the discussion of the regulation of NRSROs.

It has been a multi year process for the SEC and Congress and lots of information and opinions have been collected.

Please consider contributing to our open source wiki on the issue of credit raters and other topics before Congress related to financial markets regulation.

To see more on NRSROs:

http://freerisk.org/wiki/index.php/Credit_rating_agencies

]]> By: Stephen Maturin http://www.theratingsdebate.com/welcome/comment-page-1/#comment-2 Stephen Maturin Sat, 15 Aug 2009 00:11:35 +0000 http://theratingsdebate.com/?p=1#comment-2 These rating agencies have already been largely discredited. It seems like the horse is already out of the barn. They totally missed the mark on the front end...so why should we expect them to nail it now. Why is the Government/regulating community giving these ratings so much weight if no one believes they are accurate? These rating agencies have already been largely discredited. It seems like the horse is already out of the barn. They totally missed the mark on the front end…so why should we expect them to nail it now. Why is the Government/regulating community giving these ratings so much weight if no one believes they are accurate?

]]>