The bond rating agencies(choose right answer) a:used outdated computer modeling software and miscalculated the risks. b:provided helpful recommendations, but these were ignored by the banking industry c:were helpful in reducing the extent of the crisis because of their correct risk assessment d:were raking it in when they also acted as consultants to the investment firms.

The bond rating agencies(choose right answer) a:used outdated computer modeling software and miscalculated the risks. b:provided helpful recommendations, but these were ignored by the banking industry c:were helpful in reducing the extent of the crisis because of their correct risk assessment d:were raking it in when they also acted as consultants to the investment firms.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter4: Going Into Debt

Section: Chapter Questions

Problem 7AA

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