November 21, 2014
Does Morningstar Speak with Forked Tongue?
Morningstar Credit Ratings, a small Nationally Recognized Statistical Rating Organization (albeit a subsidiary of Morningstar, the large investment research firm), has issued a Structured Credit Ratings Commentary on Rating Shopping in Asset Securitization Markets. It finds that Rating shopping is … Continue reading
November 21, 2014 in Securities and Exchange Commission | Permalink | No Comments
June 10, 2014
Subprime Scriveners
Milan Markovic has posted Subprime Scriveners to SSRN. The abstract reads, Although mortgage-backed securities (“MBS”) and other financial products that nearly caused the collapse of the global financial system could not have been issued without attorneys, the legal profession’s role … Continue reading
June 10, 2014 in Securities and Exchange Commission | Permalink | No Comments
