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According to Micheal Lewis' Against the Rules, investors are well-advised not too much on credit rating agencies for accurate assessments of credit quality Credit rating
According to Micheal Lewis' "Against the Rules, investors are well-advised not too much on credit rating agencies for accurate assessments of credit quality Credit rating agencies are compensated by investors. Credit rating agencies helped fuel the 2008 financial crisis Credit rating agencies have special access to securities data credit rating agencies have access to financial statements and oublic records. mpensated by bond issuers
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