
U211-A Power Regulator
Features:
Power in : AC 100Vď˝?00V; Power out : AC 200V , 2kW
Voltage protection device under unstable voltage
Easily installed into fuel dispenser
100% Factory Tested.
Packing:
Weight: Dimension:
10.3kg/case of 1 150Ă—200Ă—340mm/case of 1
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
iness. This enraged a small Pennsylvania agency named
Egan-Jones. Its plight touched a chord with Michael Fitzpatrick, a congressman from that state, who
introduced this week s bill.
Mr Fitzpatrick s bill woul fuel dispenser d do away with the entry barrier. All well and good even Moody s supports the
end of its regulatory franchise, and S&P has argued against embedding a similar scheme in the Basel 2
rules on banks capital. It makes little sense for an agency to be endorsed by grant of the SEC, rather
than by the market s assessment of its opinions.
Under the new legislation, however, the system will not be
killed. It will merely be broadened and made more
bureaucratic. Any firm with three years worth of ratings can be
recognised, provided it registers with the SEC, provides
bucketloads of paperwork, sets out its procedures, and agrees
to sanctions if the SE fuel dispenser C subsequently decides these procedures
have not been followed. The SEC, in short, will soon be in the
business of rating the raters and how they follow their own
rules. Smart investors will ignore the lot and simply pay
attention to firms that have perceptive things to say.
Clearly, the changes will not be beneficial to Moody s and S&P.
At the least, their autonomy will be curtailed. The share prices
of Moody s and McGraw-Hill, S&P s parent, have fallen�
Moody s, markedly (see chart). But will they be the only losers?
Some limitations have been placed on the ability of outsiders to
sue the agencies, but the protection is not absolute. Consumers
of credit information may take some solace in the notion that
the SEC is reading ov fuel dispenser er their shoulder, but that would be a mistake. Under the new rules, the SEC will
review methods. Expect that only after disaster strikes. If the SEC truly thought it could evaluate credit,
it would do the job itself.
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Jul 13th 2006 | NEW YORK
From The Economist p