Rao, T.V.S. Ramamohan - In: International Journal of Trade and Global Markets 4 (2011) 2, pp. 137-151
Securitisation, as a structured financial instrument, can give rise to excessive risk taking by the originator. It was expected that credit-rating agencies will assist the Special Purpose Vehicles (SPVs) and investors by revealing the risk. However, given that they pursue their own objectives,...