China central bank approves S&P Global's entry into China's credit rating market

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China central bank approves S&P Global's entry into China's credit rating market
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China's central bank said on Monday it had approved the entry of S&P Global...

 

Central Banks is an Oxy Moron, if central means “one center” how can you have Banks? Wouldn’t it have been BANK

Why? They helped caused 2008 subprime crisis by rating rubbish papers AAA.

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