Rating agencies assess the reliability of debtors. They for… - Ferruccio de Bortoli

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Rating agencies assess the reliability of debtors. They form an oligopoly that is sometimes collusive. And they are among those most responsible for the financial crisis. To give just one example, they gave Lehman Brothers a triple A rating, the highest possible, shortly before it went bankrupt.

Ferruccio de Bortoli

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About Ferruccio de Bortoli

q:it:Feruccio De Bortoli (born 1953), Italian journalist.

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Massimo D'Alema Indro Montanelli Rosy Bindi Sergio D'Antoni Silvio Berlusconi

Additional quotes by Ferruccio de Bortoli

Martini was always careful not to overwhelm others with his own culture, discreet in entering into the lives of others but generous in understanding their weaknesses, humbly placing himself in the position of those who suffer, those who no longer believe or have never believed.

La corruzione è una tassa occulta, frena gli investimenti esteri, distorce i mercati, umilia il merito e calpesta la cittadinanza.

Corruption is a hidden tax that discourages foreign investment, distorts markets, undermines merit and tramples on citizenship.

Rating agencies assess the reliability of debtors. They form an oligopoly that is sometimes collusive. And they are among those most responsible for … - Ferruccio de Bortoli

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