As it was informed by "Market Leader (US)"
Will USA and EU succeed in putting S&P, Moody’s and Fitch in their place?
The US and EU authorities have started a big-scale campaign against Standard & Poor's, Moody’s and Fitch. The reason is obvious: the 3 rating agencies have turned into a supra-government union, that can easily change the investment attractiveness of any country in the world by upgrading or downgrading the country’s credit rating, thus making it lose or acquire multi-billion investments. Finally the affected finance ministries and central banks started questioning the competence and objectiveness of those rating agencies and decided to strike back.