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Here is another good news/bad news column about the 112th Congress.
Regulation is necessary to overcome perverse incentives and ensure the quality of corporate governance ratings, which are important to institutional investors, managers, and their clients.
A Congress that passed only one of the many bills already passed by this Congress would be considered productive.
One of the many requirements of the Dodd-Frank Act is that all federal agencies must remove references to and reliance on credit ratings from their regulations and replace them with alternative methods for evaluating creditworthiness.
Public approval ratings of Barack Obama may be falling quickly right now--but his rating of the American public is probably falling even faster.
In the latest AEI Political Report, the AEI Politics team looks at at the new phase of 2012 campaign from a variety of angles.
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