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xplain how the credit crivs adversely affected many other people beyond homeowners and mortgage companies. Credt ratiog agencies were unable to effectively rate securities, therefore,
xplain how the credit crivs adversely affected many other people beyond homeowners and mortgage companies. Credt ratiog agencies were unable to effectively rate securities, therefore, many companies abandoned to hive credit rating agencies to assign ratings, As a resuit, credit rating apencles went bankupt. 1. Individual investors whose invetments were pooled by mutuat funds, hedge funds, and pension funds and used to purchase Mas experienced losses
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