Portuguese Petition : The relevance of the ratings agencies
John | 13.04.2011 22:07 | Repression | Social Struggles
Last week, a group of Portuguese economists filed a demand for a legal investigation concerning the most recent actions of the three main ratings agencies - in what presumably could be an attempt at manipulating the normal functioning of the financial markets , and an insurgence in the normal functioning of the Portuguese democratic process. An online petition is now available for anyone who is willing to provide support to this action. (in Portuguese)
Please read and circulate.
http://www.peticaopublica.com/PeticaoVer.aspx?pi=denuncia
Use google translator to understand the causes and fundamentals behind this petition.
Thank you for your support.
http://www.peticaopublica.com/PeticaoVer.aspx?pi=denuncia Use google translator to understand the causes and fundamentals behind this petition.
Thank you for your support.
John
Comments
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Following US and Spanish lead
14.04.2011 10:49
We fail to understand the critical role played by CRA´s in the whole neoliberal scheme of things at our peril.
Along with Bond buyers these guys are the real bastards but its difficult to get the point across to people.
Hildy Johnson