Our news section is for important commentary and news that doesn’t fit under one of our Global Issues. Sometimes we use this space to comment on major current events, and sometimes we use it to cover conferences or share interviews we’ve snapped up. We also share news from our project team here.
With the current European sovereign debt crisis roiling the markets and the recent US subprime crisis, bank failure, and debt ceiling debacle still in the minds of countries and investors, critical attention has been refocused on credit rating agencies and institutional mechanisms in abetting the crises and the steps needed […]
Surrounded by real world examples of conflicts of interest by “Big Three” for-profit credit rating agencies–Standard & Poor, Moody’s, and Fitch, the Bertelsmann Foundation unveiled the blueprint for a hypothetical international nonprofit credit rating agency (INCRA) on April 19th at the climax of the Bertelsmann Foundation – Financial Times Conference […]
Congressman Gregory Meeks discusses budget deficits and the need for fiscal consolidation in the United States. But politicians do not appear to be ready to make the tough choices to develop a package of tax cuts and spending cuts that will correct America’s fiscal mess.
The 4th Annual Bertelsmann Foundation Conference’s theme “A Return to Jobs and Growth” was relevant and timely. The panels with participants including Sri Mulyani Indrawati (Managing Director of the World Bank and former Minister of Finance for Indonesia), Hilda L Solis (Secretary of Labor), Ursula von der Leyen (Federal Minister […]
At the 4th Annual Bertelsmann Foundation Conference on global financial recovery and jobs, the blueprint for an International Non-Profit Credit Rating Agency (INCRA) was unveiled. The presentation, entitled “Positive Outlook: A Blueprint for an International Non-Profit Credit Rating Agency,” addressed several topics, including concerns about for-profit credit rating agencies’ potential […]
