Browsing Tag RMBS

SEC Allegations Against Rating Agencies Keep Piling Up

In a recently released report, the SEC alleges that Moody’s, S&P, and Fitch have, on multiple occasions, engaged in improper actions and had failures strikingly reminiscent to those that they engaged in and suffered from prior to the Great Recession.  It further alleges that a majority of the smaller Rating Agencies have engaged in similar more…

, , , , , , , ,

Are Catastrophe Bonds a Man-Made Disaster Waiting to Happen?

Are Catastrophe Bonds (“Cat Bonds”) driving the possibility of a “collapse” in the $575 billion reinsurance industry? In a new book, Making a Market for Acts of God, detailed in the Financial Times, Professor Paula Jarbzabkowski of Cass Business School and two other researchers make such an argument. But their case is incorrect on several more…

, , , ,