# Professor Lawrence White's joint research on bond ratings is featured

1 Faculty News February 8, 2017 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg_0.jpg?itok=qy2YlnxP)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/articles/2017-02-08/there-s-an-easy-fix-for-rating-firms-conflicts-ex-analyst-says) -- "Esaki and his co-author, [Larry White](http://www.stern.nyu.edu/faculty/bio/lawrence-white), a professor at NYU Stern School of Business, are trying to fix a long-standing problem in the ratings business: issuers pay for ratings, so graders have an incentive to go easy on their customers to win more business."

[Read more](https://www.bloomberg.com/news/articles/2017-02-08/there-s-an-easy-fix-for-rating-firms-conflicts-ex-analyst-says)