Economy

Demeter

(85,373 posts)

5. Bankers plan to foil rating agencies

Tue May 15, 2012, 09:33 PM

May 2012

Up to 20 of Europe’s top banks will on Wednesday discuss a plan to foil the dominance of the much criticised big three credit agencies at a private meeting of finance directors in Frankfurt

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http://link.ft.com/r/0QSDPP/L9A27O/Z87P0/L9H7JE/4CPCYI/28/t?a1=2012&a2=5&a3=15

TO WHAT PURPOSE, ONE MIGHT ASK? BECAUSE THEY TELL THE TRUTH, OR BECAUSE THEY ABUSE THEIR POWER?

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Highlight:

STOCK MARKET WATCH -- Wednesday, 16 May 2012 [View all] Tansy_Gold May 2012 OP

LOL...and when they don't get the tit they wail! rfranklin May 2012 #1

I just couldn't pass it up. Tansy_Gold May 2012 #2

That's just obscene Demeter May 2012 #3

Number of thread views is going up, too. Tansy_Gold May 2012 #15

I highly recommend boiling the lobster with some Old Bay seasoning... rfranklin May 2012 #29

A lobster has to be alive to safely cook it Demeter May 2012 #40

The increased number of viewers could also mean..... AnneD May 2012 #30

EU to push for binding investor pay votes Demeter May 2012 #4

Bankers plan to foil rating agencies Demeter May 2012 #5

Excellent question.... AnneD May 2012 #31

Because the ratings agencies are tools of the American and British financial interests FarCenter May 2012 #36

I had noticed that, but on the other hand, the banks are full of it, too Demeter May 2012 #41

See corporate credit unions FarCenter May 2012 #44

Corporate Credit Unions do not talk to people Demeter May 2012 #49

The consumer credit unions basically operate like a franchised restaurant FarCenter May 2012 #57

Bankers� talks on curbing rating agencies Demeter May 2012 #69

What Kind of Society Do Americans Want? Demeter May 2012 #6

Permaculture Visionary: "We Don't Need to Wait for Permission" to Transform Our Societies Demeter May 2012 #7

Elizabeth Warren Calls for Restoring Glass-Steagall AND SO DO WE! Demeter May 2012 #8

Grandmothers' Social Security Garnished for Student Loans? Time to Fix Broken Student Debt System Demeter May 2012 #9

Let's Put Jamie Dimon on Trial And Ask Him What the Hell JP Morgan Does for America Demeter May 2012 #10

Jamie Dimon�s JPMorgan Chase: Why It�s the Scandal of Our Time By Richard (RJ) Eskow Demeter May 2012 #12

As of 12/31/11, JPMC was 10th largest in world; it has only a small office in Japan FarCenter May 2012 #38

Japan is taking diving lessons, again. Demeter May 2012 #11

Banks Over Protests: Homeland Security Central to Occupy Crackdown By Dave Lindorff Demeter May 2012 #13

My paranoid RW friends.... AnneD May 2012 #56

Asia doing a major tank tonight. Fuddnik May 2012 #14

Hedge Funds May Squeeze More Profits Out of JPMorgan ONE QUESTION ANSWERED Demeter May 2012 #16

oh well -- i'm up -- cafe, anyone? xchrom May 2012 #17

Yup. Fuddnik May 2012 #18

I do something similar - I have while I yell at the dogs xchrom May 2012 #19

I'm lucky if they let me on the sofa. Fuddnik May 2012 #20

oy -- bed?!?!?! xchrom May 2012 #21

World stocks fall amid political turmoil in Greece xchrom May 2012 #22

China�s Stocks Fall for 4th Day on Economy Concern, Greek Crisis (Update 3) xchrom May 2012 #23

Can Corporate America Ever Be Cured? xchrom May 2012 #24

BofA: The 'Ichimoku Clouds' Signal A Storm May Be Coming For The Stock Market xchrom May 2012 #25

Europe Continues Diving As Everyone Freaks Out About Greece xchrom May 2012 #26

The Chinese Real Estate Sector Is Unraveling xchrom May 2012 #27

The Bubble Hurled Round the World Demeter May 2012 #42

And Now Presenting: Amazing Satellite Images Of The Ghost Cities Of China...... AnneD May 2012 #70

The Head Of The Bank Of England Just Made Some Scary Predictions About The Euro Crisis xchrom May 2012 #28

The Ds should be latched on the other side bread_and_roses May 2012 #32

Today's Economic Reports (Housing Starts) >>>> Roland99 May 2012 #33

US Futures up (we must be oversold) Roland99 May 2012 #34

Taibbi: Documents Show How Goldman et al Engaged in 'Naked Short Selling' DemReadingDU May 2012 #35

Truth WILL Out Demeter May 2012 #43

Today's Economic Reports (April Industrial Output) >>>> Roland99 May 2012 #37

Hmm... Demeter May 2012 #51

I'll see what I can find at lunch (or tomorrow at lunch if I end up working thru it today!) Roland99 May 2012 #54

"...Sometimes God Smiles on Us..." /Goldman Lawyer accidently releases damning papers--Matt Taibbi KoKo May 2012 #39

I missed the Overstock Debacle, but I'm glad they are scoring points and perservering MUST SEE UTUBE Demeter May 2012 #45

Overstock.com Announces Court Declines to Seal Evidence in Goldman Sachs/Merrill Lynch Case Demeter May 2012 #46

HERE'S THE ALTERNATE VIEW: Has Overstock.com Pushed Goldman Sachs Too Far? Demeter May 2012 #48

Yes...this is the kind of thing that Patrick Byrne has been dealing with KoKo May 2012 #55

off-topic but I thought some might be interested bread_and_roses May 2012 #47

When you are in the Con Business (and what else are the Catholic "miracles" but cons?) Demeter May 2012 #50

Don't watch it, just Tansy_Gold May 2012 #53

I kept waiting for Tom Hanks to Show Up Demeter May 2012 #58

Okay, that went Tansy_Gold May 2012 #59

You got it Demeter May 2012 #60

Even the music is creepy Po_d Mainiac May 2012 #74

I'm going to go enjoy some beautiful day Demeter May 2012 #52

Greeks withdraw Euros Equivalent to $894 million U.S. in cash out of bank accounts Demeter May 2012 #61

Financially saavy Greeks.... AnneD May 2012 #71

Dancing With Derivatives By MAUREEN DOWD Demeter May 2012 #62

What Occupiers Learned From Obama - and What He Should Learn From Them Demeter May 2012 #63

Needy States Use Housing Aid Cash to Plug Budgets Demeter May 2012 #64

Speaking of conspiracies, media consolidation, etc., etc., etc. Tansy_Gold May 2012 #65

Greece fails to form unity government Demeter May 2012 #66

Spectre of default rises again in Congress Demeter May 2012 #67

DoJ probes $2bn JPMorgan trading loss Demeter May 2012 #68

All markets but DJIA now into the Red. Oil below $92.50. Roland99 May 2012 #72

Totally off topic, personal (but not TOO personal) request Tansy_Gold May 2012 #73