The bond rating agencies(choose right answer) a:used outdated computer modeling software and miscalculated the risks. b:provided helpful recommendations, but these were ignored by the banking industry c:were helpful in reducing the extent of the crisis because of their correct risk assessment d:were raking it in when they also acted as consultants to the investment firms.
The bond rating agencies(choose right answer) a:used outdated computer modeling software and miscalculated the risks. b:provided helpful recommendations, but these were ignored by the banking industry c:were helpful in reducing the extent of the crisis because of their correct risk assessment d:were raking it in when they also acted as consultants to the investment firms.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section: Chapter Questions
Problem 7AA
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The bond rating agencies(choose right answer)
a:used outdated computer modeling software and miscalculated the risks.
b:provided helpful recommendations, but these were ignored by the banking industry
c:were helpful in reducing the extent of the crisis because of their correct risk assessment
d:were raking it in when they also acted as consultants to the investment firms.
I will rate accordingly. Typed and correct answer please.
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