Question
A controversy erupted regarding bond-rating agencies when some agencies began to provide unsolicited bond ratings. Why do you think this is controversial? Additionally, around the
A controversy erupted regarding bond-rating agencies when some agencies began to provide unsolicited bond ratings. Why do you think this is controversial? Additionally, around the time that real estate began to drop sharply the rating agencies again came under fire as nearly all real estate back bonds were rated triple-A. Can anyone find more information on this controversy?
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
