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This month regulators in America, the biggest market for ratings, called for more oversight of the agencies.As debt markets have expanded, ratings have been built into financial arrangements of all kinds.
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Low ratings call for additional observations from the principal, and the eventual possibility that the teacher will lose his or her job.
Salomon Smith Barney cited the deteriorating environment for semiconductors as the catalyst for its ratings change; Lehman Brothers called for a slowdown in revenue growth rates for the next two quarters.
Even New York Sen. Hillary Clinton, who decried the game "San Andreas" as "stealing the innocence of our children" in 2005 and called for an overhaul of videogame ratings and ratings enforcement, hasn't commented on "GTA IV".
The law called for exposing rating agencies to civil liability in securities lawsuits if their ratings were inaccurate.
He also called for an independent European ratings agency.
The Securities and Exchange Commission has called for eliminating reliance on ratings, but that proposal has stalled in the face of intense lobbying.
At the National Prayer Breakfast, he jokingly called for prayers to lift Arnold Schwarzenegger's ratings for "The Apprentice".
It also called for more business to be directed toward the rating agencies that got their ratings right.
See articleFitch, a credit-rating company, warned Britain that its fiscal challenge was "formidable", and called for much deeper reductions in public spending.
They had called for the audience to be representative of the parties' current poll ratings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com