Zusammenfassung
This paper provides an empirical study, which assesses the historical performance of credit rating agency (CRA) ratings for securitizations before and during the financial crisis. The paper finds that CRAs do not sufficiently address the systematic risk of the underlying collateral pools as well as characteristics of the deal and tranche structure in their ratings. The paper also finds that ...
Nur für Besitzer und Autoren: Kontrollseite des Eintrags
Weitere Literatur (mittels CORE)