Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Incidentally, wasn't this little problem with the rating agencies well-known on ET several years ago?
by Colman (colman at eurotrib.com) on Mon Apr 26th, 2010 at 07:07:16 AM EST
Some discussion of how in particular sovereign credit ratings are political is in the comments to FT and S&P - conventional wisdom : why we should care by Agnes a Paris on March 28th, 2006.

The brainless should not be in banking -- Willem Buiter
by Migeru (migeru at eurotrib dot com) on Mon Apr 26th, 2010 at 07:14:02 AM EST
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