Contrarian Corpus
Pershing Square vs. NRSRO Rating Agencies (Moody's, S&P, Fitch)

NRSRO Rating Agencies (Moody's, S&P, Fitch)

1 deck published between 2010-05-26 and 2010-05-26 — 12 pages, 12 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2010-05-26 initial thesis

    2010 05 Pershing Square Rating Agencies Presentation May 2010

    12pp · other

    Rating agencies caused the credit crisis through conflicted 'success fee' incentives; a 60-day new-issue moratorium plus pay-over-time fee structure would restore ratings integrity and market discipline.