The risks of relying on credit agencies
Posted by Craig on April 23, 2010
Article published in Risk magazine: The risks of relying on credit agencies.
Former Citigroup leaders recently claimed that they didn’t look too closely at mortgage assets in the lead up to the GFC because they were AAA-rated, bringing into question both the credibility of credit-rating agencies and the internal risk processes of banks globally. See the full article here …
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