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European Rating Agency Short on Cash - Experiment Failed

2 pointsby jermainkabout 13 years ago
"Roland Berger Strategy Consultants GmbH doesn’t have enough money to introduce a planned European ratings agency, Financial Times Deutschland reported in a preview of an article to be published tomorrow, without saying where it got the information. The company has failed to gather the 300 million euros needed to start the agency owing to lobbying from the Federation of German Industries, according to the FTD."<p>How about a kickstarter project on this? ;)

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