Brewminate (Matthew A. McIntosh)

Brewminate (Matthew A. McIntosh)

@brewminate.bsky.social

📖 Public Historian / Adjunct History Professor 🏳️‍🌈 LGBTQ+ Proud 💙 "Woke" and Proud 🚫 Blocking MAGA and Hate See https://www.brewminate.com (Brewminate)

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Before the 2008 crash, issuers paid agencies to rate their securities. Those judgments helped risky mortgage investments gain acceptance. The costs reached households far beyond Wall Street. #Brewminate #History #Economics #Recession

brewminate.comCredit Ratings and the Unequal Costs of the 2008 CrisisHow issuer-paid credit ratings helped fuel the 2007–2008 financial crisis, why oversight failed, and what reform revealed about independence.