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Is There Misdiagnosis and Mistreatment in the Market for Credit Ratings?

BY | November 26, 2013

Rosa Abrantes-Metz, Nov 27, 2013 Credit Rating Agencies were at the center of the recent financial crisis, with some critics going so far as to blame them for the crisis itself.…

Rosa Abrantes-Metz, Nov 27, 2013

Credit Rating Agencies were at the center of the recent financial crisis, with some critics going so far as to blame them for the crisis itself. A number of proposals have been made to reign in the CRAs and recently we have seen the creation of a new CRA in Europe, welcomed by many as the first step to solving the problem generated by a supposed lack of competition in this market. But we must first define the problem accurately before we can find an appropriate

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