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Revista Internacional de Economía y Ciencias de la Gestión

ISSN: 2162-6359

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The Role Credit Rating Agencies Played in the Financial Meltdown of 2008-2009

Abstract

Abbott Haron

This is an area dear to the author’s heart, so is the role of Auditors in the global economic meltdown of 2008-2009, however, we this must admit that we were blind to the obvious, either for lack of knowledge, complacency, or just good all fashioned greed. The credit ratings of Standard and Poor’s, Moody’s and Fitch played a key role in the valuing of credit risk and in the explanation of investment strategies.

Descargo de responsabilidad: este resumen se tradujo utilizando herramientas de inteligencia artificial y aún no ha sido revisado ni verificado

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