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1. What conflicts of interest can arise in credit-rating agencies? 2. Evaluate the major provisions of Sarbanes-Oxley and the Global Legal Settlement as remedies for

1. What conflicts of interest can arise in credit-rating agencies?

2. Evaluate the major provisions of Sarbanes-Oxley and the Global Legal Settlement as remedies for conflict of interest problems.

3. How can we determine if regulation becomes too costly?

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