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Financial ratings of european States by Fitch ...

Financial ratings of european States by Fitch Ratings (Photo credit: Wikipedia)

This TED Talk applies the concept of transparency to the non-transparent arena of credit rations, that globally are controlled today by three for-profit companies that cannot even demonstrate lack of conflict of interest.

Her proposal is the creation of an endowment-funded not-for-profit agency to compete with them — INCRA.