The New Masters of CapitalIn The New Masters of Capital, Timothy J. Sinclair examines a key aspect of the global economythe rating agencies. In the global economy, trust is formalized in the daily operations of such firms as Moody's and Standard & Poor's, which continuously monitor the financial health of bond issuers ranging from private corporations to local and national governments. Their judgments affect unimaginably large sums, approximately $30 trillion in outstanding