role of credit rating agencies in the global financial system and the associated problems: A critical analysis based on the example of the subprime mortgage crisis

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Seminar paper from the year 2019 in the subject Business economics - Investment and Finance, language: English, abstract: The objective of this seminar paper is to illuminate the work and role of credit rating agencies in the global financial system and to explain and understand the general criticism directed at them. In addition, their special part in the subprime crisis of 2008 will be analysed