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What does the headline mean when it says Investors Should Fear More Competition Among Ratings Companies? A . That having multiple rating agencies will result
What does the headline mean when it says "Investors Should Fear More Competition Among Ratings Companies"?
A That having multiple rating agencies will result in numerous ratings for each firm's bonds, causing confusion for investors.
B That rating agencies will lower their ratings on corporate bonds as they compete to be the official government rating agency.
C That rating agencies may inflate their ratings in the presence of more competition to attract customers.
D That as the number or rating agencies increases the quality of ratings will deteriorate since talent will be spread across multiple agencies.
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