Background Note | HBS Case Collection | 2011 (Revised from original 2008 version)

Note: Credit Rating Agencies

by William E. Fruhan

Abstract

The note examines the role of credit rating agencies in capital markets, with emphasis on the role of these agencies in the recent credit crisis and recommendations for change.

Keywords: Financial Crisis; Capital Markets; Credit; Governing Rules, Regulations, and Reforms; Standards;

Citation:

Fruhan, William E. "Note: Credit Rating Agencies." Harvard Business School Background Note 209-056, September 2011. (Revised from original September 2008 version.)