It’s Time to Reimagine Credit Ratings…Here’s How to Do It
Oct 9, 2018
/
By Knowledge@Wharton.com
The major U.S. credit rating agencies are often blamed for helping to precipitate the 2008 subprime mortgage crisis that led to the Great Recession. This opinion piece offers a reimagining of how the agencies could function that would better serve their clients and better protect the system as a whole.