Popular Questions - and Fitch–are legally authorized to rate securities. These rating agencies are paid by the firm requesting the rating. A Triple-A rating was exceedingly important. It made higher leveraging possible

The incentive structure accompanying the regulation and rating of securities also played an important role. Only three firms–Moody’s

by EssayPlug | Jun 7, 2022 | and Fitch–are legally authorized to rate securities. These rating agencies are paid by the firm requesting the rating. A Triple-A rating was exceedingly important. It made higher leveraging possible