Your EU – 1
Posted on May 5th, 2010 by James Higham
Is this the EU the Europhiles wish us to be more deeply integrated with?
A European Commissioner has warned it may be necessary to further regulate the role of credit rating agencies. Michel Barnier, in charge of revamping financial services, told the European Parliament he had been surprised by the rapid deterioration of Greece’s rating.
Don’t touch our rating or we’ll “regulate” you. Come, sing a song of joy?
Filed under: Politics & economics, Society & human issues
Credit ratings only matter if you want to borrow money. Or give power to the bankers.
You’re so right and it’s one reason I’m off the grid.