Wednesday 03 December 2008

Fox Business: Pressure on Rating Firms

Rapid Ratings International President and CEO James Gellert discussed the pressure rating firms are under in the weak economy. When discussing the proposed SEC rule changes for the rating agencies, Mr. Gellert said “the issue of conflicts is not going to be adequately addressed.” Fox Business Happy Hour is hosted by Rebecca Diamond, Cody Willard and Eric Bolling.