Ratingagentschappen kunnen u schaden
Ratingagencies are now questioning the solvability of the US, after they did for Greece, Ireland, Portugal, Spain. They had given high ratings to the subprimederivatives, had not predicted the Asian nor the dotcom crises, nor the Lehman or the Iceland bankrupcies. When ratings change big profits are...
Main Author: | |
---|---|
Format: | Article in Journal/Newspaper |
Language: | Dutch |
Published: |
2011
|
Subjects: | |
Online Access: | https://biblio.ugent.be/publication/1211469 http://hdl.handle.net/1854/LU-1211469 https://biblio.ugent.be/publication/1211469/file/1211476 |
Summary: | Ratingagencies are now questioning the solvability of the US, after they did for Greece, Ireland, Portugal, Spain. They had given high ratings to the subprimederivatives, had not predicted the Asian nor the dotcom crises, nor the Lehman or the Iceland bankrupcies. When ratings change big profits are made on the stock market; in case state bonds are involved, the taxpayers pay. Agencies take no responsibility. There advice should bear the label: "rating agencies can do you harm". What about treating their managers as financial terrorists? |
---|