Credit rating agencies on the watch list [electronic resource] : analysis of European regulation / Raquel Garc�ia Alcubilla and Javier Ruiz del Pozo.
Material type: TextPublication details: Oxford : Oxford University Press, 2012.Description: 1 online resourceISBN:- 9780191739125 (ebook) :
- 346.4082 23
- HG3751.5 .G37 2012
Rating agencies judge how solvent banks and big companies are. Prior to the financial crisis they were too optimistic when rating the risk of the banks and this prompted politicians worldwide to issue new regulations. This book explains what rating agencies do, why they are so important for the economy and the new European Regulation.
Description based on online resource; title from PDF title page (viewed on Apr. 19, 2012).
Includes bibliographical references and index.
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