| Part Of Senate Homeland Security & Governmental Affairs Subcommittee
Report Video Issue2008 Financial Crisis and Credit Rating Agencies, Panel 2
2010-04-23T12:05:29-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvOTQyXC8yOTMxNTYtMTAxLW0uanBnIiwiZWRpdHMiOnsicmVzaXplIjp7ImZpdCI6ImNvdmVyIiwiaGVpZ2h0Ijo1MDZ9fX0=Witnesses testified on the role of credit rating agencies in the financial crisis, using as case histories the credit rating agencies of Standard & Poor’s and Moody’s. Former credit rating industry executives said that competitive pressures, financial awards and poor internal controls led analysts to award high ratings to risky investments.
This hearing was the third of a series of hearings the subcommittee held on Wall Street and the 2008 financial crisis.
This hearing was the third of a series of hearings the subcommittee held on Wall Street and the 2008 financial crisis.
Witnesses testified on the role of credit rating agencies in the financial crisis, using as case histories the credit rating agencies of Sta… read more
Witnesses testified on the role of credit rating agencies in the financial crisis, using as case histories the credit rating agencies of Standard & Poor’s and Moody’s. Former credit rating industry executives said that competitive pressures, financial awards and poor internal controls led analysts to award high ratings to risky investments.
This hearing was the third of a series of hearings the subcommittee held on Wall Street and the 2008 financial crisis. close
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Susan Barnes North American Practice Leader (Former) Standard and Poor's->Residential Mortgage Ratings -
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Senate Homeland Security & Governmental Affairs Subcommittee
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