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Paolo Palmigiano, Simone Pieri, Jan 28, 2014
Credit Rating Agencies have become increasingly important in the last few years due to the increasing changes in the financial sector. The industry for ratings started in 1909 with the creation of Moody’s and was followed soon after by Fitch and by Standard & Poor’s. The role of these companies is essentially to try to measure, in an objective manner, the credit risk of
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