Posts Tagged ‘rating agencies’
India – Fiscal Correction
Thursday, July 8, 2010 18:03 No CommentsOver the years international investors, rating agencies and innumerable experts talked elaborately on the sad state of public finances in India which includes Central Government, State Governments and Local Governments. While things have not yet become drastically different, winds of changes are definitely blowing and the same should surely be talked about.
The big problem in [...]
All eyes on RBI
Monday, November 24, 2008 12:42 No CommentsSherman McCoy, the fictional 1980s “Master of the Universe” Wall Street bond trader, had his sights set on a deal that could earn him $ 1.7m in commission payments, money he needed to pay off the mortgage on a lavish Park Avenue apartment. “The only real problem was the complexity of the whole thing,” readers [...]
Credibility of Credit Rating Agencies
Monday, November 10, 2008 12:13 1 CommentSherman McCoy, the fictional 1980s “Master of the Universe” Wall Street bond trader, had his sights set on a deal that could earn him $ 1.7m in commission payments, money he needed to pay off the mortgage on a lavish Park Avenue apartment. “The only real problem was the complexity of the whole thing,” readers [...]