With this order be good for a US foreign agency like peace platoon, the foreign service, USAID, or even the UN? Would it be great preparation for tests like the non-native service exam?

Stage path does not matter so much as does the reputation of your grammar and/or relevant international experience (which can be hard to get unless you came from a top equip). The best way to get international experience is to receive a commission in the military.

iSpeakTheTruth | Jul 28, 2009

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The intervention brought a civil case against a tiny, iconoclastic ratings force called Egan-Jones, run by the outspoken Sean Egan, accusing it, essentially, of wadding out forms wrong.

Before the S.E.C. charges, Egan-Jones was best known for two things: having made some striking calls about shaky credit prospects and having a business image that was different from that of the big boys — Moody’s Investors Service , Measure & Poor’s and Fitch . Mr. Egan’s outfit gets paid by the users of his ratings; the oligopoly gets paid by the issuers whose responsibility is going to be rated.

You don’t need to be a hedge fund quant to see the conflict of interest: the more ratings, the more profits to the ratings agencies, so the seducing is to be extra lenient. And, boy, were they.

Mr. Egan wasn’t shy about pointing this out, often through media appearances. To be unequivocal, one wondered how much was showmanship and how much was deep research.

But the world needs his marque of punditry, especially on Wall Street, where the uncorrupted are too afraid to address out. Mr. Egan has been prescient on some important calls about declining credit prospects, forwards of both the European financial crisis and the American mortgage and structured finance foam before that.

Source: New York Times

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