{"title":"有关“取消发债人付款不会改善信用评级”的常见问题","authors":"Douglas J. Lucas","doi":"10.2139/ssrn.3743358","DOIUrl":null,"url":null,"abstract":"“Getting Rid of Issuer-Pay Will Not Improve Credit Ratings” sparked questions, which we will try to answer here:<br><br>• Why was S&P so slow to downgrade subprime ratings 2007-09?<br>• Did other rating agencies downgrade these debts faster than S&P?<br>• If banning issuer pay isn’t sufficient, how can S&P’s credit ratings be improved?","PeriodicalId":306152,"journal":{"name":"Risk Management eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2020-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"FAQs on 'Getting Rid of Issuer-Pay Will Not Improve Credit Ratings'\",\"authors\":\"Douglas J. Lucas\",\"doi\":\"10.2139/ssrn.3743358\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"“Getting Rid of Issuer-Pay Will Not Improve Credit Ratings” sparked questions, which we will try to answer here:<br><br>• Why was S&P so slow to downgrade subprime ratings 2007-09?<br>• Did other rating agencies downgrade these debts faster than S&P?<br>• If banning issuer pay isn’t sufficient, how can S&P’s credit ratings be improved?\",\"PeriodicalId\":306152,\"journal\":{\"name\":\"Risk Management eJournal\",\"volume\":\"1 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2020-11-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Risk Management eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.3743358\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Risk Management eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3743358","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
FAQs on 'Getting Rid of Issuer-Pay Will Not Improve Credit Ratings'
“Getting Rid of Issuer-Pay Will Not Improve Credit Ratings” sparked questions, which we will try to answer here:
• Why was S&P so slow to downgrade subprime ratings 2007-09? • Did other rating agencies downgrade these debts faster than S&P? • If banning issuer pay isn’t sufficient, how can S&P’s credit ratings be improved?