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Credit Rating Agencies |
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The testimony assessed the current environment, noting that credit rating agencies play a very vital role in the U. ``Today's action by Fitch reaffirms what the financial markets and credit rating agencies have been saying for some time now: The state's credit rating will not be fully restored until the budget is truly balanced and the state's deficit spending is brought to an end,'' Angelides said in a written statement. Panelists will also explore current issues, such as conflicts of interest faced by credit rating agencies as a result of Sarbanes-Oxley. |
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