Thursday, May 26, 2005

More Irony from the World of BIGGGGGGGGGGGGG Business?

Standard & Poor's plans new private equity index

In a story from the TimesOnline in the UK, STANDARD & POOR’S is preparing to launch a private equity fund index in an effort to increase transparency in a highly secretive industry.

A credit rating agency calling another industry secretive?

In a related story, a consortium of private equity funds are looking to finance a new credit rating agency that will only rate credit agencies.

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