What reasons did the Federal Reserve Board offer for recommending the use of subjective evaluations of credit

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What reasons did the Federal Reserve Board offer for recommending the use of subjective evaluations of credit concentration risk instead of quantitative models? How did this change in 2006?

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Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

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Question Posted: Dec 17, 2015 04:53 AM

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What reasons did the Federal Reserve Board offer for recommending the use of subjective evaluations of credit

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Financial Institutions Management A Risk Management Approach

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