Securities Regulation
The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies
Frank Partnoy
- Year
- 1999
- Venue
- Washington University Law Quarterly
- Level
- Advanced
Summary
Critiques the informational and regulatory roles assigned to credit-rating agencies. The article helps distinguish reputational discipline from legal dependence on ratings and frames rating agencies as market gatekeepers shaped by regulation.
Citation
Frank Partnoy. "The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies." Washington University Law Quarterly, 1999.
BibTeX
@article{Partnoy1999The,
title = {The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies},
author = {Frank Partnoy},
year = {1999},
journal = {Washington University Law Quarterly},
url = {https://www.law.berkeley.edu/law-library/resources/cvs/Partnoy.pdf}
}