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That probably depends on how you define core business.

If you believe that ratings agencies exist to give ratings that are as objective as possible, in theory anyone competent can do that.

Isn't it obvious though that ratings agencies are in the marketing and market-making business, and that ratings are largely expedient and political - if not knowingly misleading and fraudulent?

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Apr 26th, 2010 at 11:11:59 AM EST
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