Sneak Preview

I recently wrote a paper for an independent study that I hope to convert into a law review article or note in the near future. I am posting the topic of the paper and will follow with paragraphs and snippets of the paper periodically. Enjoy!

The paper seeks to highlight the role of the rating agencies in the current financial crisis, gives an overview and layman’s guide explaining what occurred, relates how politics came into play that allowed it to occur, and how the concept of moral hazard applies to the so-called “bailout”. Lastly, the work offers suggestions as to what kinds of regulations should be implemented in order to mitigate the damage that has been caused as well as prevent situations like these from occurring.