Date: April 25th, 2008

Negotiating your rating: Part 3, the circumstantial evidence

25 April, 2008 (09:52) | Finance markets, Rating agencies, Subprime, Theory, US News | No comments

[Continued from the previous Part 1 and Part 2.]
 

For the previous two days, we’ve been delving into whether, as implied by a Wall Street Journal article on the rating agencies, Moody’s got so cozy with the issuers it was rating, and who were paying its fees, that it succumbed to grade inflation.
 
 [For background on the [...]