What Role Did Credit Rating Agencies Play in the Credit Crisis? By ...
What Role Did Credit Rating Agencies Play in the Credit Crisis? By ...
What Role Did Credit Rating Agencies Play in the Credit Crisis? By ...
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13. Joseph A. Giannone, Factbox-Top Issuers of CDOs, REUTERS, Nov. 9, 2007, available at<br />
http://www.reuters.com/article/bondsNews/idUSN0927796020071109.<br />
14. Pallavi Gogoi, <strong>Credit</strong> Raters’ Judgment Questioned: House Panel Grills Execs, USA TODAY<br />
(Oct. 23, 2008), at 3B.<br />
15. David Gow, EU Moves to Tighten Up <strong>Rat<strong>in</strong>g</strong>s Agency Regulation <strong>in</strong> Aftermath of Sub-Prime<br />
Fiasco, THE GUARDIAN, July 9, 2008, available at<br />
http://www.guardian.co.uk/world/2008/jul/09/eu-creditcrunch/pr<strong>in</strong>t.<br />
16. Krishna Guha, Paulson Backs Bank Bonds Plan, FIN. TIMES, Mar. 14, 2008, available at<br />
http://www.ft.com/cms/s/0/5741144c-f169-11dc-a91a-0000779fd2ac.html.<br />
17. House Committee on F<strong>in</strong>ancial Services, The role of credit rat<strong>in</strong>g agencies <strong>in</strong> <strong>the</strong> structured<br />
f<strong>in</strong>ance market: hear<strong>in</strong>g before <strong>the</strong> Subcommittee on Capital Markets, Insurance, and<br />
Government Sponsored Enterprises of <strong>the</strong> Committee on F<strong>in</strong>ance, 110th Congress (Sept. 27,<br />
2007), available at http://purl.access.gpo.gov/GPO/LPS90918.<br />
18. Henry Klehm III & Jones Day, Current Issues <strong>in</strong> Broker-Dealer Regulation <strong>in</strong> <strong>the</strong> Post-<br />
<strong>Credit</strong> <strong>Crisis</strong> Environment, Practis<strong>in</strong>g Law Institute 801 (Oct. 29, 2008).<br />
19. Roger Lowenste<strong>in</strong>, Triple-A Failure, N.Y. TIMES, Apr. 27, 2008, available at<br />
http://www.nytimes.com/2008/04/27/magaz<strong>in</strong>e/27<strong>Credit</strong>-t.html?pagewanted=pr<strong>in</strong>t.<br />
20. M.P. McQueen, Insurance Regulators Study Raters, WALL ST. J., Oct. 17, 2008, at C2.<br />
21. Panel Grills <strong>Credit</strong> Raters over Inflated <strong>Rat<strong>in</strong>g</strong>s, ASSOCIATED PRESS, Oct. 22, 2008.<br />
22. George Parker, EU Leaders Take <strong>Credit</strong> <strong>Rat<strong>in</strong>g</strong> <strong>Agencies</strong> to Task, FIN. TIMES, Jan. 30, 2008,<br />
available at http://www.ft.com/cms.s/0/d0ab3b4c-ced4-11dc-877a-000077b07658.html?<br />
nclick_check=1.<br />
23. Frank Partnoy, The Paradox of <strong>Credit</strong> <strong>Rat<strong>in</strong>g</strong>s, <strong>in</strong> RATINGS, RATING AGENCIES AND THE GLOBAL<br />
FINANCIAL SYSTEM 65, 68 (Richard M. Levich et. al. eds., 2002).<br />
24. Neil Roland, SEC Prepar<strong>in</strong>g to Lasso <strong>Credit</strong> <strong>Rat<strong>in</strong>g</strong> <strong>Agencies</strong>: Critics Focus on ABS Rules,<br />
Which Could Cost Raters $130 Million a Year, FIN. WK., June 16, 2008, available at<br />
http://www.f<strong>in</strong>ancialweek.com/apps/pbcs.dll/article?AID=/20080616/REG/641302622.<br />
25. Kara Scannell & Aaron Lucchetti, SEC Tightens Rules for <strong>Rat<strong>in</strong>g</strong>s Firms, WALL ST. J., Dec.<br />
4, 2008, at C3.<br />
26. SEC. & EXCH. COMM'N, REPORT ON THE ROLE AND FUNCTION OF CREDIT RATING AGENCIES IN THE<br />
OPERATION OF THE SECURITIES MARKETS: AS REQUIRED BY SECTION 702(B) OF THE SARBANES-OXLEY ACT<br />
OF 2002 (2004).<br />
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