From Pine View Farm

Partnoy’s Complaint 0

Last week, Fresh Air interviewed Frank Partnoy, a Wall Street veteran who is now a professor on the growth, power, and functioning of the investment ratings agencies. Here is a nugget from the transcript:

I don’t think any other industry has companies that have consistently done their job as poorly, and yet the paradox is that they have remained powerful even in recent weeks.

Follow the first link to listen or the second to read the transcript.


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