The Federal Reserve's Term Asset Backed Securities Loan Facility further entrenches the big-three rating agencies, according to The Economist. Many governments are working to revamp regulations for financial markets, but none has come up with a way to deal with the troubling role of the credit-rating agencies. "The key to policy going forward has to be to stop our reliance on these credit ratings," said Frank Partnoy, a professor at the San Diego School of Law. "Even though few people respect the credit raters, most continue to rely on them. We've become addicted to them like a drug, and we have to figure out a way to wean regulators and investors off of them."