Rating the future
David Millar, risk trainer and former COO at PRMIA, explains the role of CRAs as well as the current face off between CRAs and governments and suggests the need for more comprehensive rating. January 10, 2012 | David MillarThe Credit Rating Agencies (CRAs) are unlikely to have been on the recent Christmas card lists of governments and regulators. When times are hard it is natural to look for easily identifiable culprits who can be used to deflect attention from our own failings, and, for the past three years, the CRAs have filled that purpose. Please login to read the complete article. If you already have an account, you can login now or subscribe/register.
Categories: Credit Risk, Risk and RegulationCredit Risk,Risk and Regulation, Credit Risk,Risk and Regulation, Keywords:Credit Rating Agencies, US, EU, Standard And Poor's, Fitch, Moody's Credit Rating Agencies, US, EU, Standard and Poor's, Fitch, Moody's
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