On the recordMay 18, 2009
You get paid sometimes, I understand, $1 million by clients for your opinion, and the reason you get paid so much money for your opinion is because some people think that this is a professional judgment.
Source
congress.govGary Ackerman: “You get paid sometimes, I understand, $1 million by clients for your opinion, and the reason you get paid so much money…”
Editor's note · Context
Ackerman highlights the financial incentives behind credit ratings and public perception of their validity.
Share
More from Gary Ackerman
Sep 19, 2012
To try to blame that on the administration is like me trying to blame President Bush for Pluto being thrown out of the list of planets.
Dec 19, 2012
Anything less is demeaning to the process and to ourselves as good, decent human beings.
Sep 19, 2012
The military relationship between Israel and the United States... has never been better.
Other voices in this conversation
