(Read free) Astonishing Legends Ratings, Rating Agencies and the Global Financial System (The New York University Salomon Center Series on Financial Markets and Institutions)
||2 of 2 people found the following review helpful.| All of the essays are excellent;however,the last essay by Herring is the best|By Michael Emmett Brady|This is an excellent book of collected essays .The various essays examine the rating agencies and the alleged,claimed,use of mathematically advanced ,quantitative risk management techniques that banks claimed they were using that could identify the different levels of risk tha
Ratings, Rating Agencies and the Global Financial System brings together the research of economists at New York University and the University of Maryland, along with those from the private sector, government bodies, and other universities. The first section of the volume focuses on the historical origins of the credit rating business and its present day industrial organization structure. The second section presents several empirical studies crafted larg...
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