Exact(36)
One noted expert on structured finance and CDOs had spoken of a bank that trained its people how to pressure analysts at the rating agencies to get higher ratings for its CDOs.
As you marvel at my proficiency in simple arithmetic -- a skill apparently unreplicated at the rating "agencies" -- please note this warning: "No content in this blog post (ratings, credit-related analyses and data, model, software or other application or output therefrom) or any part thereof (Content) may be modified or reverse engineered in any form by any means..."...
Georgios: Most users may just look at the rating itself.
Trouble, though, is brewing, says Diane Vazza, a managing director at the rating agency.
William J Harrington was a senior analyst at the rating agency Moody's between 1999 and 2010 in New York.
After Enron blew up, Congress ordered the S.E.C. to look at the rating industry and possibly reform it.
Similar(24)
At the rate I was going, I give it days.
at the rate of a million dollars a year . . .
Debt is rising at the rate of £3,000 a second.
We weren't excluded at the rate you lot are.
They have been arriving at the rate of 500 a week.
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