Credit Rating Agencies Self-regulation, Statutory Regulation and Case Law Regulation in the United States and European Union /

• Κύριος συγγραφέας: Hemraj, Mohammed (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Θέματα: Law.; Private international law.; Conflict of laws.; International law.; Comparative law.; Trade.; Macroeconomics.; International Economic Law, Trade Law.; Macroeconomics/Monetary Economics//Financial Economics.; Private International Law, International & Foreign Law, Comparative Law.; European Law.

The book examines the role of credit rating agencies (CRAs) in the subprime mortgage crisis. The CRAs are blamed for awarding risky securities ‘3-A’ investment grade status and then failing to downgrade them quickly enough when circumstances changed, which led to investors suffering substantial loss...