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(Image from article: "S&P balks at SEC proposal to reveal rating errors")

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S&P balks at SEC proposal to reveal rating errors

S&P balks at SEC proposal to reveal rating errors

Standard & Poor's, whose unprecedented downgrade of U.S. debt triggered a worldwide stocks sell-off, is pushing back against a U.S. government proposal that would require credit raters to disclose "significant errors" in how they calculate their ratings.

 

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