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As I See It: NB Provincial Debt – Why Trust Standard & Poor’s

New Brunswick has a challenge with its debt and deficit. Has anyone ever looked at the bond rating agencies themselves?

Links to news stories:

U.S. government slams S&P with $5 billion fraud lawsuit –

Two years later this happens – S&P reaches $1.5 billion deal with U.S., states over crisis-era ratings –

Excellent description on Bank of New Brunswick: