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Lisa Zhang · 2023年10月05日

选项B

NO.PZ2020033003000090

问题如下:

According to the findings of the congressionally formed Financial Crisis Inquiry Commission, which of the following not a the root causes of the misalignment between investors and rating agencies prior to the credit crisis of 2007-2009?

选项:

A.Rating agencies are lack of resources to conduct the proper due diligence

B.

Pressure from the originators

C.

Lack of meaningful public oversight over rating agencies

D.

Investors have little understanding of the products they were purchasing.

解释:

D is correct.

考点:misalignment between investors and rating agencies

解析:

According to the findings of the congressionally formed Financial Crisis Inquiry Commission, the root causes of the misalignment were

1). the flawed computer models at the rating agencies

2). the profit motive of the rating agencies

3). pressure from the originators (选项B)

4). the drive for market share coming from the rating agencies

5). the rating agencies lack of provided (not available) resources to conduct the proper due diligence (选项A)

6). the absence of meaningful public oversight (选项C)

7). originators manufactured the securitized products to specifically arrive at a rating given their acquired knowledge of the rating agencies’ decision flow charts

老师,请问怎么理解选项B

1 个答案
已采纳答案

李坏_品职助教 · 2023年10月05日

嗨,努力学习的PZer你好:


题目问我们,下列哪一个不属于investors and rating agencies(投资人与评级机构)之间的矛盾的根本原因?


B说的是来自发起人的压力。发起人一般会给评级机构施加压力,强迫评级机构给发行的ABS高评级,比如本来只能给BBB的,却强行要求评级机构给出AAA评级。这样就会欺骗投资人。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

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