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Tag: First Amendment

Rating Agencies and the First Amendment

Doug Cornelius September 8, 2009September 8, 2009 Compliance Bricks and Mortar   [+]

Rating agencies have long argued that their ratings of securities are constitutionally protected opinions. Many people have pinned some of the responsibility for the financial markets meltdown on the rating agencies. It sure looks like they gave a fair number of these securities a high rating when they were actually toxic. Abu Dhabi Commercial Bank … Read more »

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