# Prof. Lawrence White on Senator Al Franken's proposal on ratings agencies

1 Faculty News May 14, 2013 ![Marketplace Logo](/sites/default/files/styles/246w/public/assets/images/marketplace_logo.jpg?itok=IIav3Udj)>

Excerpt from [Marketplace](http://www.marketplace.org/topics/economy/sec-attempts-fix-conflicts-interest-bond-rating) -- "'One has to have a high level of confidence that this independent board would get it right,' said [Lawrence White](http://www.stern.nyu.edu/faculty/bio/lawrence-white), a professor of economics at New York University's Stern School of Business, when asked about Franken's proposal."

[Read more](http://www.marketplace.org/topics/economy/sec-attempts-fix-conflicts-interest-bond-rating)