entity · derived

Rating agencies

2 claims across 1 works, 2009–2009.

Derived node: assembled mechanically from the claims carrying rating-agencies. A roster, not an adjudicated definition.

Every claim under this term

• 1428387-023 2009 mechanism: Because rating agencies are paid by CDO issuers while the ratings' main users are buyers, the agency as agent has an incentive to issue high ratings to satisfy its issuer principal, and the buyer has
• 1428387-024 2009 failure: The issuer-buyer relationship and the incentives inside it are unlikely to be able to adequately control the principal-agent relationship between issuer and rating agency so as to ensure accurate rati

json · markdown · entity index