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A Bond Rating Company Ran into Trouble When It Began

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A bond rating company ran into trouble when it began rating bonds of companies without their approval. Many of the companies who received these 'free' credit ratings were upset by this practice. Why would a company be unhappy about receiving a 'free' credit rating?


Definitions:

Blood Transfusion

The process of transferring blood or blood-based products from one person into the circulatory system of another, often to replace lost components of the blood.

Hematoma

A localized collection of blood outside the blood vessels, typically in liquid form within the tissue, resulting from trauma or surgery.

Arterial Blood Gases (ABGs)

A test that measures the concentrations of oxygen, carbon dioxide, and bicarbonate, as well as blood pH, in arterial blood, useful in assessing lung function and gas exchange.

Negligence

The failure to take proper care in doing something, leading to damage or harm to another.

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