Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by pelario on Thursday August 08, 2019 @03:03AM
(#20642436)
Do you know if they do it?
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Re:Inflated Bond Ratings Helped Spur the Financial Crisis. T...
by pas on Thursday August 08, 2019 @04:51AM
(#20642846)
Big investors do it. They contract independent firms to double-check their own traders' thinking and decisions.
It's usually not proactive though. (PE firms get valuation checks before investment, but that's different than bonds.)