01.10.2008 Opalesque Exclusive: Other voices - reasons for U.S. financial crisis and proposed solutions
This article was authored by Joe Omansky, Founder, Sky Fund LLC, SkyRank System of Hedge Fund Ratings

Oligopoly Of Ratings Industry: The U.S. Government supported an oligopoly industry primarily consisting of three ratings agencies, S&P, Moody's and Fitch which are considered Nationally Recognized Statistical Ratings Organizations (NRSROs). These agencies are paid by the companies being rate

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