By: Monday Morning Reads: enough! « Writings on Wall St
[...] Rating agencies ongoing obsolescence (TBP) [...]
View ArticleBy: constantnormal
@BR … “It is encouraging to see credit buyers doing their own research and ignoring the failed ratings agencies.” When you say that, are you referring only to Wall Streeters, or does that extend into...
View ArticleBy: AHodge
aside from blaming ratings users who dont know better and may be legally required to get this crap for documentation this is massive misfeasance #19 of the SEC who actually licence these folks the only...
View ArticleBy: S Brennan
One positive aspect of the Credit rating agencies lack of prosecution and continued existence is; Whenever the subject turns to “self-regulation” and I need an example of the corruption that results, I...
View ArticleBy: Monday links: a good sense of the absurd - Abnormal Returns | Abnormal...
[...] Credit ratings agencies are becoming increasingly irrelevant. (Big Picture) [...]
View ArticleBy: algernon
“In the 1990s, it morphed into an underwriter paid for model.” It didn’t morph. It is the result of govt regulation. Govt made them monopolies with perverse incentives. It’s not complicated. What else...
View ArticleBy: SEC Bans Wrong Ratings Agencies | The Big Picture
[...] buy only Investment grade paper. (The bond markets eventually figured this out and has learned to ignore the ratings agencies commentary as conflicted and corrupt). Thus, what should have been a...
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