A RATING AGENCY FOR LIQUIDITY.

A RATING AGENCY FOR LIQUIDITY. Financial institutions have relied on rating agencies to evaluate the credit-worthiness of financial instruments. Now that it has been dramatically shown that credit-worthiness is different from being liquid, perhaps there should be a rating agency for liquidity. Of course, I think everybody’s going to be a lot more cautious about liquidity–for a few years.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Your email address will not be published.