Category Archives: Credit Rating Agencies

Subprime loans were given AAA ratings by S&P, Moody’s,

Credit Rating Agencies gave bad debt AAA ratings

How banks gamed the rating system from biz.yahoo.com April 2008 Triple-A Failure Nothing sent the [credit ratings] agencies into high gear as much as the development of structured finance. As Wall Street bankers designed ever more securitized products — using … Continue reading

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