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Ratings agencies
Ratings agencies
The problem: Ratings agencies missed the threat

Our financial system relies on private agencies that tell investors how risky a security is. A lot of stuff rated as safe turned out to be toxic..

Proposed Fix: Um ... the White House urges the Securities and Exchange Commission to take a closer look at agencies. It's not much more specific than that.

Money's grade: D

NEXT: Consumers
Last updated July 14 2009: 5:54 PM ET
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