Investing In Investment Grade Credit: Too much reliance on quick and dirty signals

By Paolo Di Caro i February 2015 (Magazine)

Ratings agencies were given far too much authority in the era of de-regulation in order to encourage more cross-border and non-professional investment, argue Paolo Di Caro and Belmiro Oliveira. Removing their judgements from financial regulation is a belated recognition of the damage that was caused

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