Upgrading the rating process

pg31-munves-jpg

Enron's spectacular descent into the biggest corporate bankruptcy ever seen in the US surprised everyone. Not least the rating agencies that were still tipping the energy firm as an investment-grade credit four days before it filed for bankruptcy protection on December 2, 2001.

Their collective failure to rate Enron's creditworthiness adequately in the weeks leading up to its collapse earned the rating agencies the lasting enmity of US lawmakers, who have been dying to get their hands on the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here