Rating Agencies Shared Data, and Wall St. Seized on It

Courtesy NYT > Business  Fri, 04/23/2010 - 21:57

Trying to be transparent, credit rating agencies made their computer models public, and banks used that knowledge to shape some of the investments involved in the financial crisis.


 

Related items

DealBook: Many Banks Cling to Billions in Bailout...
Nearly 600 institutions are holding on to more than $30 billion, about 13 percent of the $245 billion handed out to banks during the financial crisis.

Behind a Rise in Auto Sales, Easier Credit
After scaling back auto lending in the financial crisis, banks and automakers’ lending arms have started to issue loans more aggressively.

DealBook: Panel Finds Banks Were in Danger
Documents released recently by the Financial Crisis Inquiry Commission provide fresh detail on just how close to collapse two big banks were.

BlueAnt UNOTPBAX53 X5 Bluetooth Stereo Headphone...
The X5 Stereo Bluetooth Headset is a portable multi-function device utilizing the latest cutting edge technologies allowing you to stream high quality music and make voice calls using a...

Uniden TRU9496 2-Line Corded/Cordless Digital...
With the Uniden TRU9496 5.8 GHz Digital 2-Line Expandable Phone System is the next generation of 5.8 GHz cordless phones. It's a full-featured digital answerer, with a Dialing keypad and a...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com