# Research by Professor Lawrence White and "Restoring Financial Stability," co-edited by Professors Viral Acharya and Matthew Richardson, with contributions from Professor White, is referenced

1 Faculty News October 4, 2018 ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [Livemint](https://www.livemint.com/Opinion/cDduziv90tklNDcuOnnGlI/What-can-be-done-about-the-credit-rating-problem.html) -- "Another model proposed to prevent rating shopping came from White’s colleagues Viral Acharya and Matthew Richardson. In their book soon after the 2008 financial crisis, Restoring Financial Stability: How to Repair a Failed System, they suggested regulators create a centralized clearing platform for rating agencies."

[Read more](https://www.livemint.com/Opinion/cDduziv90tklNDcuOnnGlI/What-can-be-done-about-the-credit-rating-problem.html)