I have long believed that allowing the SEC to grant the largest credit rating agencies nationally recognized statistical rating organization status is the equivalent of stamping a government seal of approval on the ratings that they issue.
Ackerman critiques the SEC's approval of credit rating agencies as problematic.
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There is corruption everywhere. I think on a scale of all the nations, 1 to 184, I think Sweden or Finland is number one with the least corruption and North Korea is 184.
We have an interest in strongly supporting a democratic government that respects the rights of its citizens and rule of law.
Today the Middle East is a very different region than the one I first encountered as a new Member of Congress in 1983.
The corruption and the money from corruption, both under the regime of Yasser Arafat and under the current government of Mahmoud Abbas, seems to center on them and their families acquiring all of this money.
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