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Role and performance of rating agencies

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Assignment Question

Over few years, there has been mounting criticism of the role and performance of rating agencies. The main recent criticisms concern their rating of complex securitizations and the role this played in the 2007-2009 financial crisis.

Critically examine the role of rating agencies in 2007-2009 financial crisis, examine problems associated with their functioning and comments on future scope you see for these agencies.

Reference no: EM132837632

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