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Warning: Rating agencies may be harmful to your (financial) health

by Paul De Grauwe
27 January 2009

Warning: Rating agencies may be harmful to your (financial) health

Paul De Grauwe

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In a new CEPS Commentary, Paul De Grauwe takes rating agencies to task for having systematically rewarded companies for taking too much risk in the past and for punishing companies today for taking too little, thereby exacerbating the financial crisis. The author is Professor of Economics at the University of Leuven and Senior Research Fellow at the Centre for European Policy Studies.


About the Author


  • Author
    Paul De Grauwe
    Paul De Grauwe
    Associate Senior Research Fellow
Warning: Rating agencies may be harmful to your (financial) health
Download Publication

1750 Downloads