Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
One of the solutions Krugman cites is for the SEC to hand out the rating jobs to the agencies rather than allowing the institutions pick their agencies.

I suppose you could imagine, in the long term, the SEC rating the rating agencies on the accuracy of their forecasts and removing certification from ones who failed to do a good.

by Colman (colman at eurotrib.com) on Mon Apr 26th, 2010 at 12:11:44 PM EST
[ Parent ]

Others have rated this comment as follows:

Migeru 4


Occasional Series