Credit rating firms criticised over financial crisis – Moody’s and Standard & Poor’s

Credit rating firms criticised over financial crisis – Moody’s and Standard & Poor’s
by news and trends



The behaviour of two credit rating agencies in the run-up to the financial crisis has been criticised by US senators following an investigation. The Senate committee said Moody’s and Standard & Poor’s instilled “unwarranted high confidence” in certain risky financial products.

Credit rating firms criticised over financial crisis – Moody’s and Standard & Poor’s
Credit rating firms criticised over financial crisis – Moody’s and Standard & Poor’s

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