Re-Opening Soon
This blog is closed until next Monday.
As an “aperitif“, please find hereafter a link to a new working paper entitled “Credit Rating Agencies, the Sovereign Debt Crisis and Competition Law“ (42 p.).
Again, a piece of heretical thinking, written in the solitary quietness of the summer.
Actually, there were so few emails in the past weeks, I really felt like a hermit.
Chillin'Competition 
Hi Nicholas,
I have read your interesting article.
You had not comment the U.S. Justice Department inquiry to Standard & Poors for improperly rating dozens of mortgage securities in the years leading up to the financial crisis in U.S. http://www.nytimes.com/2011/08/18/business/us-inquiry-said-to-focus-on-s-p-ratings.html?pagewanted=all
Even it is not the case in E.U., and although we will have in the next years with our own credit rating agency, it could be a special kind of abuse, consisting in naked restrictions, similar to Intel case
Kind regards.
Iliana.
Iliana.
30 August 2011 at 2:21 pm