Tue 2008-08-26 00:00 EDT
The Credit Default Swap Market - Will It Unravel?
by Satyajit Das (Prudent Bear); 2008-03-04; "CDS contracts may create incentives for creditors to push troubled companies into bankruptcy"
Rating Agencies Created Incentives (1).
Tue 2008-08-26 00:00 EDT
by Satyajit Das (Prudent Bear); 2008-03-04; "CDS contracts may create incentives for creditors to push troubled companies into bankruptcy"
Fri 2007-11-16 00:00 EST
Einhorn on credit; rating agencies compromised; securitization flawed; charging too little for risk-bearing; rating agencies have privileged access to deal data; artificial securitization bias
issues papers; naked capitalism; profits; rate; Rating Agencies Created Incentives.