Two of the more interesting guys at the Wired Conference Jesper Andersen and Toby Segaran, who want to open up Bond ratings as Open Source data sources to replace S&P, Moody’s and Fitch. Their budding project is called Freerisk.org:

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Category: Bailouts, Credit, Video

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One Response to “FreeRisk: Who Needs Moody’s ?”

  1. [...] Better Solution:  Take apart the ratings oligopoly! Eliminate the Pay for Play/Payola structure.  Strip  Moody’s S&P and Fitch from their uniquely protected status — they have proven they are neither worthy nor competent. Open up ratings to competition –including open source. [...]