Perspective: The UN Approval Process for Carbon Offsets
Green Car Congress
MARCH 22, 2010
Investors generally relied on a simplistic ratings scale (Triple-A, B, C) from the credit ratings agencies (Moody’s, Standard & Poor’s, and Fitch) to guide them through the strange new world of subprime mortgage-backed credit derivatives. The two central questions are: (a) Who is liable if credits are found to have been contrived?
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