Credit rating agencies are an essential component for the regulating of the financial services sector and the securities
Posted: Wed Jul 06, 2022 6:44 pm
Credit rating agencies are an essential component for theregulating of the financial services sector and the securitiesmarket throughout the world. However, after the global crash of thefinancial sector in 2008, many have cast doubt in the effectivenessof Credit Rating Agencies. You are required to;
3. The role of the credit ratings agencies during the financial crisisof 2008 remains an extremely controversial issue, many argue theywere unaccountable for their misgiving and unethical. Credit Ratingagencies have been blamed for exaggerated ratings of riskymortgage-backed securities, giving investors false confidence thatthey were safe for investing. Some argued that these ratingsagencies were key enablers of the financial meltdown. Critically discuss the above issue with supportingreferences.
4. Based on youanalysis above, do we really need credit ratings agencies?Critically discuss
3. The role of the credit ratings agencies during the financial crisisof 2008 remains an extremely controversial issue, many argue theywere unaccountable for their misgiving and unethical. Credit Ratingagencies have been blamed for exaggerated ratings of riskymortgage-backed securities, giving investors false confidence thatthey were safe for investing. Some argued that these ratingsagencies were key enablers of the financial meltdown. Critically discuss the above issue with supportingreferences.
4. Based on youanalysis above, do we really need credit ratings agencies?Critically discuss