Rating - not a prophecy

Finansy18-11-2008 Rating - not a prophecy culprits of the global crisis have repeatedly called the rating agencies. Need to reform the rating system is recognized and at the summit "Big Twenty." Recently, Russia has proposed his own version of reform. What changes are needed and what they think about the situation yourself rating agencies trying to find out "Big Business". At the G20 summit Russia has proposed to create a new international rating agency, whose founders have been the state-participants of the summit. According to Deputy Finance Minister Dmitry Pankin, Big Twenty "is not supported Russia's initiative. Need to reform the rating system is long overdue. Claims against the major rating agencies were made last summer, when the financial authorities of major countries directly accused the current system of assigning ratings of one of the culprits of the credit crunch. However, according to experts surveyed by Bigness.ru, the Russian idea of ??creating a major international agencies, is hardly feasible in the near future.