title:INCRA - Bertelsmann Foundation releases report on creating an organization for sovereign-debt ratings
Submitted by joel on
WASHINGTON, DC (April 17, 2012) - In light of the intense criticism
leveled against credit rating agencies for their perceived failure to
analyze adequately sovereign creditworthiness, the Bertelsmann
Foundation has developed a blueprint for an international non-profit
credit rating agency (INCRA), whose rating criteria are designed to
increase credibility and international acceptance.