Over few years, there has been mounting criticism of the role and performance of rating agencies. The main recent criticisms concern their rating of complex securitisations and the role this played in the 2007-2009 financial crisis.
Critically examine the role of rating agencies in 2007-2009 financial crisis, examine problems associated with their functioning and comments on future scope you see for these agencies.
You answer should be in approximately 1000 words.
Due in a couple of hours
Due time: 11:44 pm March 30, 2021 KSA Time
