3See Steven L. Schwarcz, Private Ordering d Public Markets: The Rating Agency Paradox, University d m~ois Law Review,2002, (2) : 1 - 28.
4See Richard Cantor, Frank Packer, The Credit Rating Industry, Fed. Res. Bank N.Y.Q. Rev., 1994, Summer-Fall:1-26.
5See Technical Comm.of the Int'l Org. of Sec. Comm'ns, Report on The Subprime Crisis, http://www, iosbo, org/library/pubdocs/pdf/IO- SCOPD273. pdf, last visit on May 30,2008.
6Aaron Lueehetti, Rating Game: As Housing Boomed, Moedy's Opened Up, Wall St.J., Apr. 11, 2008, at AI.
7Dawn Kopecki, The Credit Ratings Blame Game, http://www, businessweek, com/investor/content/sep2007/pi20070927-267775, htm, last visit on Sep. 28, 2007.
8See Timothy E. Lynch, Deeply and Persistently Conflicted: Credit Rating Agencies in the Current Regulatory Environment, Indiana University Maurer School d" Law-Bloomington Legal Studies Research Paper Series, 2008, Research Paper Number 133: 1 - 78.
9Marie leone, Bush Signs Rating Agency Reform Act, http://www, efo. corn/article, cfm/7991492, last visit on October 2, 2006.
10See U.S.SEC, Amendments to Rules for Nationally Recognized Statistical Rating Organizations, http://www, sec.gov/rules/final/2009/34- 59342. pdf, last visit on February 2, 2009.