Parent Category: Article
Did Subjectivity Play a Role in CDO Credit Ratings?
|Title||Did Subjectivity Play a Role in CDO Credit Ratings? ||Author(S)||JOHN M. GRIFFIN (Author) |
|Abstract|| Analyzing 916 collateralized debt obligations (CDOs), we find that a top credit rating agency frequently made positive adjustments beyond its main model that amounted to increasingly larger AAA tranche sizes. ...||Pagination||p 1293–1328|
|Journal Title||The Journal of Finance|| || |
|Permanent Links||click here|| || |