TITLE

S&P Offers Mea Culpa On Ratings

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
March 2009
SOURCE
Bond Buyer;3/5/2009, Vol. 367 Issue 33075, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the issuance of Standard & Poor's Corp. of a white paper in the U.S. that supports increased global oversight of rating agencies. The authoritative report covers rules that require robust disclosure of rating criteria and methodologies. The paper comes as legislators and financial regulators are considering additional oversight of rating agencies in response to criticism that they provided unwarranted high ratings.
ACCESSION #
36974749

 

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