Credit-rating agencies that they would win lucrative consulting as punishment for not deteet systemic problems in the market before the collapse last autumn.
The plans, which in a U.S. Treasury White Paper, come after months of speculation about the future role of the major rating agencies, so many people blame for not adequately warning of impending problems.
This bill is based on the idea that some within certain agencies were too close to the evaluation by the guests that they are, and tries to separate “bread and butter of the ratings better paid consultancy work.