The Ratings Game
Andrew Fight
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Description for The Ratings Game
Hardcover. Investors and ratings agencies have been caught by surprise by the wave of recent bank failures and closures in Europe and Asia. This book addresses this issue by explaining why ratings exist, the history of ratings and the background of the ratings process. Num Pages: 284 pages, Ill. BIC Classification: KFFL; KFFM. Category: (P) Professional & Vocational. Dimension: 236 x 163 x 26. Weight in Grams: 580.
What are credit rating agencies? Many people paying for ratings andratings reports do not fully understand what they are buying andhow these agencies really work. Ratings agencies wield immensepower over the fate of individual corporations, countries, andwhole economies, yet their workings are remarkably opaque. Manyevents over the past decade, such as the Asian crisis and thedemise of certain financial institutions have highlighted some ofthe limitations of ratings agencies, and raised questions as totheir accountability and the level of service they provide.
In this comprehensive account of the workings of the ratingagencies,Andrew Fight explains the role played by ratings agencies,how ... Read more
What are credit rating agencies? Many people paying for ratings andratings reports do not fully understand what they are buying andhow these agencies really work. Ratings agencies wield immensepower over the fate of individual corporations, countries, andwhole economies, yet their workings are remarkably opaque. Manyevents over the past decade, such as the Asian crisis and thedemise of certain financial institutions have highlighted some ofthe limitations of ratings agencies, and raised questions as totheir accountability and the level of service they provide.
In this comprehensive account of the workings of the ratingagencies,Andrew Fight explains the role played by ratings agencies,how ... Read more
Product Details
Format
Hardback
Publication date
2001
Publisher
John Wiley and Sons Ltd United Kingdom
Number of pages
284
Condition
New
Number of Pages
284
Place of Publication
New York, United States
ISBN
9780471491347
SKU
V9780471491347
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About Andrew Fight
ANDREW FIGHT is a senior consultant with the CFPB - French Bankers Training Institution. He is also the author of nine books and training manuals on banking related matters. Andrew Fight has 15 years experience with various banks, central banks and consulting firms as a financial analyst, consultant and writer in international banking. His career included direct ratings experience with ... Read more
Reviews for The Ratings Game
"The book deals admirably with these problems, explaining thedebates involved and detailing ratings companies' excuses with theright level of cynicism." (Investment Adviser, 19th February2001) "...This is a comprehensive guide to ratings agencies."(Portfolio International, February 2001)