Archive von 20.März 2008

Accusations Carry Some Weight

Donnerstag, 20.März 2008

Two accusations against the agencies do carry some weight, writes Roger P. Nye, President of Global Investment Advisors, Inc. (GIA)a, Carlsbad, California, in his „The GIA Bulletin“ (www.gia-inc.com). „They concern modeling and monitoring.“ First, he notes, it seems clear that the agencies were basing their ratings on standard historical data of mortgage-backed securities when the […]