Ratings: false impression of reliability

In the post-crisis years, the activities of rating agencies were not criticized only by the lazy. However, the epic failure with mortgage ratings has many more dimensions., чем кажется на первый взгляд. Одна из них – this is what, how far do investors go to extrapolate fragmentary knowledge and isolated facts. In the post, we talk about this phenomenon using the example of the US municipal debt market..

  This is a call!
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