Credit rating agencies: history, failures, and a win lose compensation scheme

Visconti, Tommaso (A.A. 2020/2021) Credit rating agencies: history, failures, and a win lose compensation scheme. Tesi di Laurea in Money and banking, Luiss Guido Carli, relatore Paolo Paesani, pp. 60. [Bachelor's Degree Thesis]

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Abstract/Index

Credit rating agencies. Economic context, birth, and development of credit rating agencies. Industry overview: a duopoly plus. Role of CRAs in the debt market. Evolution of CRAs’ business model. 2008 global financial crisis: players and issues. First problems. Securitization, Fed, and government: impact on the housing bubble. Failure of CRAs. Which are the reasons for such a bad job? Regulations on CRAs. The CRA reform act, the Dodd-Frank Wall Street reform and consumer protection act, and the rule 17g-5. From win-win to a win-lose compensation scheme.

References

Bibliografia: pp. 53-59.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Economics and Business, English language (L-33)
Chair: Money and banking
Thesis Supervisor: Paesani, Paolo
Academic Year: 2020/2021
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 21 Mar 2022 13:30
Last Modified: 21 Mar 2022 13:30
URI: https://tesi.luiss.it/id/eprint/31770

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