Al Franken’s Complex Legacy and the Credit Rating Business

Al Franken’s announcement of his pending resignation completes his descent from Progressive Saint to something of a pariah figure. But like others whose stars have fallen during this moment of Continue ReadingAl Franken’s Complex Legacy and the Credit Rating Business

Coping with Reliance on Credit Ratings

This blog article summarizes a recent article published in Banking and Financial Services Policy Report.Reference: Norbert J. Gaillard, “Coping with Reliance on Credit Ratings”, Banking and Financial Services Policy Report, Continue ReadingCoping with Reliance on Credit Ratings

Efficient, commonsense actions to foster accurate credit ratings

This blog article summarizes a recent article published in Capital Markets Law Journal. Reference: Norbert J. Gaillard and William J. Harrington, “Efficient, commonsense actions to foster accurate credit ratings”, Capital Continue ReadingEfficient, commonsense actions to foster accurate credit ratings