Firms such as moodys and standard amp poors study, Ask an Expert

Finance

Firms such as Moody's and Standard & Poor's study corporations that issue bonds. They publish "ratings" for the bonds-evaluations of the likelihood of default.

Suppose these rating companies went out of business.

What effect would this have on the bond market?

What effect would it have on banks?

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Business Law & Ethics, Finance

Category:- Business Law & Ethics
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