Toby Segaran, (Metaweb) and Jesper Andersen, (Open Data Group), “I Just Don’t Trust You: How the Tech Community Can Reinvent Risk Ratings”
Duration : 0:35:31
[youtube EmhAIPGjCps]
TrackBack URI | RSS feed for comments on this post
Recent Posts
- What is the best software suite that is designed to speed up a computer?
- What is the best airline in terms of comfort and who has the best deals on plane tickets?
- How do you get something removed from your consumer report?
- What are the best of the best natural products to use for natural tightly coiled hair?
- What is the best and safest size for a whelping box ?
- Have there been any journals or articles published on comparisons between five-element theory and chakras?
- What are the best colleges to attend if you want to major in economics?
- Which is the best music institution to go to for classical pianists?
2 Responses
emaij
2009 Jul 09 1Good analysis of …
Good analysis of the lack of accountability and conflicts of interest inherent in the ratings agency system in the USA. You fail to mention that they get away with this not only due to lack of regulation, but because the judicial system allows them to call their ratings “opinion”, thus protected as free speech. That means that it is practically impossible to hold them accountable for their self-dealing. Thus, when billions are lost due to reliance on their ratings there is no recourse. Insanity.
gitterdun
2009 Jul 09 2I don’t know a …
I don’t know a whole lot about this stuff, but I have not been feeling like there’s a level playing field for ordinary securities investors.
Hope these guys can get it done before too long.
Leave a reply