| Part Of Senate Homeland Security & Governmental Affairs Subcommittee

2008 Financial Crisis and Credit Rating Agencies, Panel 1

Witnesses testified on the role of credit rating agencies in the financial crisis, using as case histories the credit rating agencies of Sta… read more

Witnesses testified on the role of credit rating agencies in the financial crisis, using as case histories the credit rating agencies of Standard & Poor’s and Moody’s. Former credit rating industry executives said that competitive pressures, financial awards and poor internal controls led analysts to award high ratings to risky investments.

This hearing was the third of a series of hearings the subcommittee held on Wall Street and the 2008 financial crisis. close

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  • Eric Kolchinsky Team Managing Director (Former) Moody's Investors Service->Structured Derivative Products Group
  • Carl Levin U.S. Senator [D] Michigan
  • Richard Michalek Vice President (Former) Moody's Investors Service->Structured Derivative Products Group
  • Frank Raiter Managing Director (Former) Standard and Poor's->Credit Market Services
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2008 Financial Crisis and Credit Rating Agencies, Panel 1

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Program ID:
293156-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Apr 23, 2010 | 9:57am EDT | C-SPAN 1
Last Aired:
May 03, 2010 | 2:36pm EDT | C-SPAN 3

Airing Details

  • Apr 23, 2010 | 9:57am EDT | C-SPAN 1
  • Apr 23, 2010 | 8:00pm EDT | C-SPAN 2
  • Apr 24, 2010 | 2:06am EDT | C-SPAN 2
  • May 03, 2010 | 2:36pm EDT | C-SPAN 3
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2008 Financial Crisis and Credit Rating Agencies, Panel 1

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