"Drowning Out 'Whisper Ratings' "- A Short Research Article for the University of Miami School of Business magazine

"Drowning Out 'Whisper Ratings' "- A Short Research Article for the University of Miami School of Business magazine

By Rochelle Broder-Singer 

When a firm wants to issue a security – say, a bond or a bunch of mortgages packed together – it hires a credit rating agency to review the underlying assets and give the security a credit rating. Investors use the rating to make decisions about whether, and how much, to invest.

View a PDF of the story

Read More