Dáil debates
Thursday, 28 October 2010
Macroeconomic and Fiscal Outlook: Statements (Resumed)
4:00 am
Brian Lenihan Jnr (Dublin West, Fianna Fail)
The matter of rating agencies has been discussed at European level. There is no doubt that the rating agencies talked up a lot of countries, businesses and firms worldwide on the way up and that they have been talking down many of them on the way down. The reality is that the rating agencies exist and have a right to free speech.
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