27 min listen
Poor Standards
FromBubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work
ratings:
Length:
26 minutes
Released:
Jun 14, 2021
Format:
Podcast episode
Description
This week we look into rating agencies and ask: Why were they invented? What is their purpose? Who pays their wages?
Released:
Jun 14, 2021
Format:
Podcast episode
Titles in the series (100)
Building Block #1: Sycophants and Stenographers: We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. Bubble... by Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work