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612-822-4611
The Ratings Game

The Ratings Game

Hardcover

Series: Frontiers in Finance

AccountingInvesting & Finance

ISBN10: 0471491349
ISBN13: 9780471491347
Publisher: John Wiley & Sons
Published: Jan 4 2001
Pages: 283
Weight: 1.27
Height: 0.69 Width: 6.14 Depth: 9.21
Language: English
What are credit rating agencies? Many people paying for ratings andratings reports do not fully understand what they are buying andhow these agencies really work. Ratings agencies wield immensepower over the fate of individual corporations, countries, andwhole economies, yet their workings are remarkably opaque. Manyevents over the past decade, such as the Asian crisis and thedemise of certain financial institutions have highlighted some ofthe limitations of ratings agencies, and raised questions as totheir accountability and the level of service they provide.

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