Press Releases

Fox Business: Reining in the Ratings Agencies

December 9, 2008

“The agencies now must give the SEC an annual report card on the number of rating actions per year. However, Mr. Gellert says a “major criticism of the big agencies is that their ratings flat-line or don’t change often enough to be true guides to the market about an issuer’s changing financial health.” His company, which doesn’t get paid by bond sellers to rate bonds, sells ‘Financial Health Ratings,’ calculated quarterly, which can provide “immediate indicators of changing financial health.”

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