The role of credit rating agencies in the global financial system and the associated problems
Author | : Jan Pohlmann |
Publisher | : GRIN Verlag |
Total Pages | : 22 |
Release | : 2019-08-06 |
ISBN-10 | : 9783668993914 |
ISBN-13 | : 3668993912 |
Rating | : 4/5 (912 Downloads) |
Download or read book The role of credit rating agencies in the global financial system and the associated problems written by Jan Pohlmann and published by GRIN Verlag. This book was released on 2019-08-06 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2019 in the subject Business economics - Investment and Finance, , language: English, abstract: The objective of this seminar paper is to illuminate the work and role of credit rating agencies in the global financial system and to explain and understand the general criticism directed at them. In addition, their special part in the subprime crisis of 2008 will be analysed and an estimation will be made of how much responsibility they bear in the crisis.