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Emmmmmmmua · 2022年10月24日

知识点

NO.PZ2020033003000090

问题如下:

According to the findings of the congressionally formed Financial Crisis Inquiry Commission, which of the following not a the root causes of the misalignment between investors and rating agencies prior to the credit crisis of 2007-2009?

选项:

A.Rating agencies are lack of resources to conduct the proper due diligence

B.

Pressure from the originators

C.

Lack of meaningful public oversight over rating agencies

D.

Investors have little understanding of the products they were purchasing.

解释:

D is correct.

考点:misalignment between investors and rating agencies

解析:

According to the findings of the congressionally formed Financial Crisis Inquiry Commission, the root causes of the misalignment were

1). the flawed computer models at the rating agencies

2). the profit motive of the rating agencies

3). pressure from the originators (选项B)

4). the drive for market share coming from the rating agencies

5). the rating agencies lack of provided (not available) resources to conduct the proper due diligence (选项A)

6). the absence of meaningful public oversight (选项C)

7). originators manufactured the securitized products to specifically arrive at a rating given their acquired knowledge of the rating agencies’ decision flow charts

这个答案有在讲义上面哪里吗

2 个答案
已采纳答案

品职答疑小助手雍 · 2022年10月26日

我先解答最后一句话哈,因为本题问的是investors and rating agencies之间的不协调,而D说的是investor不了解产品,这个和不了解评级机构的风险评估模型还是有区别的,所以不太合适。

然后这部分的这些点,我觉得不用完全做到一一对应的去背(我自己也没有一个一个点的去掌握这些矛盾),我的方法是:首先大致记一下每个业务角色对应的职能,然后带着这些职能去理解性的记一下矛盾点就可以了,考题的话,一般也是向本题这种偏向阅读理解型的,带着理解去解答这样性价比比较高。

品职答疑小助手雍 · 2022年10月25日

同学你好,基础班讲义526页。the subprime securitization process的最后一页讲义。

Emmmmmmmua · 2022年10月25日

526页的five friction和前面几页讲义的7个friction,还有这道题答案的7点root causes,感觉有重合又不能完全一条对应一条。所以想知道答案的7点是哪里的呢? 基础班讲义526页,第5条,investors lacked the ability to evaluate the accuracy of rating agencies‘ model 不是正好对应这道题的D选项吗,为啥不能选D呢

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