Description: Credit rating agencies rate the creditworthiness of public companies so that the public will have an objective opinion as to the risk of investment. These ratings have become an important component of the financial reputation of a rated company. However, especially since the bankruptcies of Enron and WorldCom, whose debt had been rated investment grade, there has been concern that perhaps credit rating agencies should be regulated.
Date: August 1, 2005
Creator: Seitzinger, Michael V
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department