Imad A. Moosa
Abstract
The following sections are included:IntroductionHistoryMarket Structure and Business ModelsThe Performance of CRAsThe Failure of CRAs as an Operational Loss EventContribution to Financial CrisesThe Regulatory DebateRegulatory ProposalsWhy are CRAs Still in Business?
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The following sections are included:IntroductionHistoryMarket Structure and Business ModelsThe Performance of CRAsThe Failure of CRAs as an Operational Loss EventContribution to Financial CrisesThe Regulatory DebateRegulatory ProposalsWhy are CRAs Still in Business?
Key concepts: Credit rating, Business, Bond credit rating, Accounting, Actuarial science, Credit reference, Credit risk