Prof. Hill Participates in New York Times "Room for Debate" Forum

Professor Claire Hill was one of the participants in a "Room for Debate" forum in the New York Times on the sovereign downgrades in Europe. The forum considered whether the downgrades had hurt Europe, and whether a proposal to suspend ratings under certain circumstances was advisable. Hill noted that, "Focusing on possible illicit motives [for downgrading] provides a welcome distraction from the underlying situation. The same might be said about the proposal to suspend ratings."