In 2002 and 2003, the financial markets were hit by many corporate accounting scandals.Discuss these scandals and the impact they would have not only in terms of a flight to quality, but also in terms of the faith that people place in bond rating agencies.

Question

Quizplus · Accepted Answer

The Answer of In 2002 and 2003, the financial markets were hit by many corporate accounting scandals.Discuss these scandals and the impact they would have not only in terms of a flight to quality, but also in terms of the faith that people place in bond rating agencies.

In 2002 and 2003, the Financial Markets Were Hit by Many