The issues highlighted by S&P's action and the markets' panicky reaction can only be solved by removing rating agencies from the heart of the financial system and encouraging bond buyers to take on more responsibility says WSJ's Francesco Guerrera.
The issues highlighted by S&P's action and the markets' panicky reaction can only be solved by removing rating agencies from the heart of the financial system and encouraging bond buyers to take on more responsibility says WSJ's Francesco Guerrera.