Having crossed the feds already, the plucky rating agency Egan-Jones is going all in… and joining up with the Chinese and the Russians. Egan-Jones is the lone rating agency that’s paid by the buyers of the securities it rates — unlike S&P, Moody’s and Fitch, who are paid by the issuers. Or as author William D. Cohan wrote at Bloomberg recently, Egan-Jones is “the one rating firm not on Wall Street’s take.” Thus did Egan-Jones [...] After the Downgrade, the Deluge appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .