Arnold Kling takes a look at a paper on the credit rating agencies and their part in the current crisis.
The Security Rating Game
When I hit the link to the paper I got "sevice unavialable". I am posting the link to this here so I can get back to it later.
Here is the link to the paper:
The Economics of Structured Finance
See also: Triple-A Failure
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Thursday, October 30, 2008
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