FOX Business: Interview recap of Senate Banking Committee testimony

CEO of Rapid Ratings International, James H. Gellert, discussed the criticisms of Ratings Agencies and flaws of the Obama Administrations’ ratings reform proposals.

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C-SPAN: Senate Banking Committee.
Examining Proposals to Enhance the Regulation of Credit Rating Agencies

The Senate Banking Committee invited James H. Gellert, Rapid Ratings’ CEO, to testify at the Ratings Agency Reform Hearing on August 5, 2009. 

Panel starts at 1hr 19min. Mr. Gellert's prepared testimony begins at 1hr 27min. Q&A begins at 1hr 53min. 

 

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FOX Business: Interview on Ratings Agency Reform

Rapid Ratings CEO James H. Gellert joined FOX Business in the discussion on the conflicts of interest of credit ratings firms and whether reform will help.

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BNN: Ratings Agencies Regs

CEO of Rapid Ratings International, James H. Gellert discusses the Treasury Department's "Investor Protection Act of 2009" concerning reform of the ratings industry. Gellert raises concerns regarding Treasury's focus on curbing behavior in the issuer paid business model, rather than attacking the business model itself.
Gellert proposes a crack down on the ratings industry's dominance by The Big Three traditional agencies, and consequently increased competition, as the best way to create more accurate ratings models.

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CNBC: Ratings Agency Could Be A Game Changer

Amidst scrutinty and criticism of the traditional ratings agencies, CEO of Rapid Ratings International, James Gellert, presents a new ratings approach on CNBC's Squawk Box. CNBC's Erin Burnett claims Rapid Ratings' unique model could be a game changer for the financial industry.

 

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Reuters: Entry barriers stifle U.S. credit ratings competition

Credit ratings agencies, blamed for exacerbating the credit crisis, seem to be getting off lightly under U.S. plans to overhaul the financial sector.

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Sequent Energy Management Signs Up for Rapid Ratings International’s Counterparty Risk Management Service.

Sequent Energy Management Signs Up for Rapid Ratings International’s Counterparty Risk Management Service.

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Real Clear Markets: Drinking the Rating Agencies’ Kool Aid

Rapid Ratings is cited as one of few independent providers exceeding the track records of its larger NRSRO competitors, having predicted a GM bankruptcy years before it’s default.

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Spiegel ONLINE: Exacerbating the Crisis – The Power of Rating Agencies

Scandalous business plans of large ratings agencies produced misleading financial analysis, contributing to the economic crisis. Rapid Ratings’ approach to eliminate the industry’s subjectivity encourages reform and provides hard-hitting unbiased results.

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Milken Institute – Global Conference 2009 Panel: “What We’ve Learned From the Credit Crises

CEO and Chairman of Rapid Ratings International, Inc., James Gellert speaks at The Milken Institute Global 2009 Conference a the roundtable discussion.