Egan-Jones Rating Company - EJR
  
The Egan-Jones Rating Company is funded by investors and rates corporate debt.
Since it's funded by investors, the Egan-Jones Rating Company should be legit. We'd be more skeptical if a rating company was in bed with the same companies that were trying to sell their debt.
The Egan-Jones Rating Company's shining moment was in seeing the fallout of Enron and WorldCom before they happened, proving its worthiness in the credit rating space.