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NewsWhore
11-15-2011, 11:40 AM
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Credit Rating Fees Rise Faster Than Inflation as Governments Fret Expenses (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFc2P8TIluh8BvWglSwt9ma5HSN5Q&url=http://www.bloomberg.com/news/2011-11-15/credit-rating-fees-rise-faster-than-inflation-as-governments-fret-expenses.html)
Bloomberg
In 1936, the Office of the Comptroller of the Currency banned banks from holding bonds that were below investment grade. The SEC began using ratings in its rules in 1975, specifying that the only companies whose grades could be used were S&P, ...

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