{"id":843,"date":"2011-07-25T11:23:33","date_gmt":"2011-07-25T02:23:33","guid":{"rendered":"http:\/\/www.irken.jp\/gn\/?p=843"},"modified":"2011-07-25T11:23:33","modified_gmt":"2011-07-25T02:23:33","slug":"the-wall-street-journal-july-23","status":"publish","type":"post","link":"https:\/\/www.irken.jp\/gn\/?p=843","title":{"rendered":"The Wall Street Journal (July 23)"},"content":{"rendered":"<p>According to the Journal, the \u201cone significant achievement of the Dodd-Frank law\u201d was the \u201crequirement that regulators break the cartel of ratings agencies that helped ignite the 2008 financial crisis.\u201d The journal does not want to see a retreat, but foot dragging is slowing the process. Ratings cartels systematize risk. Ultimate responsibility for risk should be decentralized to those making the decisions. Credit ratings companies should compete in the market to provide the best analysis. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the Journal, the \u201cone significant achievement of the Dodd-Frank law\u201d was the \u201crequirement that regulators break the cartel of ratings agencies that helped ignite the 2008 financial crisis.\u201d The journal does not want to see a retreat, but foot dragging is slowing the process. Ratings cartels systematize risk. Ultimate responsibility for risk should [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[544,88,824],"class_list":["post-843","post","type-post","status-publish","format-standard","hentry","category-global-news","tag-dodd-frank","tag-ratings-agencies","tag-systemic-risk"],"_links":{"self":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=843"}],"version-history":[{"count":0,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=\/wp\/v2\/posts\/843\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irken.jp\/gn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}