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In Good Company
Fitch itch? Paul Taylor knows something about it
CEO of rating agency says having staff who can interpret and explain data is still key to quality.
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Mr Paul Taylor is president and chief executive officer of Fitch Group.
PHOTO: FITCH GROUP
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There’s this old saw about ratings companies – amplified by Dr Mahathir Mohamad during the Asian financial crisis after Malaysia’s sovereign ratings were cut under his watch – that their standards are poor, in addition to being moody.
Lately, wags would add that they have a certain itch as well.