Faculty News

Professor Edward Altman is interviewed about credit markets in India

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Excerpt from Bloomberg Quint -- "Size is not a proxy for credit worthiness. I think there is an issue in India where it is too easy to get a AAA and AA rating. The financial community, investors, maybe even banks, are being misled by those high ratings. The system has to understand why we have so many AAA and AA bonds and relatively high number of bad loans."

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