ratings had a kind of government seal of approval. Indeed, government regulations regarding bonds are built around ratings. Money market funds, for instance, can hold only paper that is highly rated by the rating agencies. Bank capital requirements also...
Join Business Exchange
to access the most
relevant content for you,
filtered by like-minded
business professionals.
Learn more
Reactions to CliffsNotes of Columns to Come
Join Business Exchange
to access the most relevant content for you, filtered by like-minded business professionals. Learn more
account
account