Rating agencies fight (and lobby) for survival

In recent months, the credit rating agencies have spent hundreds of thousands of dollars to delay new restrictions under the Dodd-Frank Act,

Excerpts from this story referencing "Fitch Ratings Inc":

"… ncies — Moody’s Corp., Standard & Poor’s Financial Services, and Fitch Ratings Inc — collectively spent $970,000 on financial reform-related lobbyists. Tha …"

Credit rating agencies most worried about liability

It’s go time on Capitol Hill for financial reform legislation, and the credit rating agencies are breathing a sigh of relief....

Excerpts from this story referencing "Fitch Ratings Inc":

"… inated by Moody’s Corp., Standard & Poor’s Financial Services, and Fitch Ratings Inc, which collectively spent more than $1 million on financial reform legisla …"