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1 of 2 people found the following review helpful:
5.0 out of 5 stars Clear and concise (in a 400-500 page book sort of way), November 23, 2010
This review is from: The Rating Agencies and Their Credit Ratings: What They Are, How They Work, and Why They are Relevant (The Wiley Finance Series) (Hardcover)
This book is excellent. If you want to understand the credit rating agency--the agencies' histories, their business models, how debt instruments are rated, as well as understand the regulatory side of things, this is the the book for you. Any paper or analysis on regulation, the financial industry, would likely benefit from this book.
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1 of 2 people found the following review helpful:
5.0 out of 5 stars Valuable book for bond investor - helps understand credit ratings, November 9, 2009
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This review is from: The Rating Agencies and Their Credit Ratings: What They Are, How They Work, and Why They are Relevant (The Wiley Finance Series) (Hardcover)
Gave me a much better understanding of what credit ratings mean. Fast forwarded over sections of the book that I was not interested in but these were relatively small exceptions.
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