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Finance Paper

We are going to present a damn paper e.g Charhart

sergiu sir

on 19 April 2010

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Transcript of Finance Paper

How and Why Credit Rating Agencies
Are Not Like Other Gatekeepers by Frank Partony What should be the role of private finan-
cial market gatekeepers? Their market values have skyrocketed they continue to be
paid directly by issuers they give unsolicited ratings that at least potentially pres-
sure issuers to pay them fees, and they market ancillary consulting services
related to ratings largely immune to civil and criminal liability for malfeasance
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