Describes the sovereign credit ratings of Standard & Poor business. Provides background on the history of credit rating agencies, the credit rating, the expansion of sovereign ratings business in the past decade, and the market of credit ratings. Also, discusses the current debate in the United States and other countries on the use of credit ratings in the financial and prudential regulation. "Hide
by Ravi Abdelal, Christopher M. Bruner Source: Harvard Business School 26 pages. Publication Date: January 13, 2005. Prod. #: 705026-PDF-ENG
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