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1. Financial crisis: credit agencies gave subprime investments high ratings

Author

Jost, Kenneth and Tangel, Andrew

Subjects
United States -- Economic aspects, Dwellings -- Economic aspects, Housing -- Economic aspects, News, opinion and commentary
Abstract

The U.S.'s three manor credit rating agencies are being criticized for contributing to the country's housing crisis by assigning high ratings to mortgage-backed securities and structured finance vehicles.

Published
2008

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