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Proposed Eurozone solution: sue the ratings agencies

So says Spiegel, via Glenn Reynolds on Facebook. It's far from clear to me why making accurate information about nations' creditworthiness harder to get will increase financial stability. Someone seems not to have heard of the concept of the adverse inference.

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Rafael Mangual
Project Manager,
Legal Policy

Katherine Lazarski
Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.