Iny pohlad na rozdelenie viny za sucastnu situaciu medzi investormi a ratingovymi agenturami..

v skratke: investori sa prilis spoliehali na ratingy a do znacnej miery outsourcovali hodnotenie rizika instrumentov ktore nakupovali, co je ekvivalent sofera spoliehajuceho sa na GPS namiesto toho aby pozeral pred auto ktore soferuje.. Stali sa financne trhy natolko komplexne ze zhodnotit riziko znamenalo az take naklady ze bol nutny outsourcing? ..alebo boli peniaze az take lacne a pocit bezpecia taky silny ze si to mohli dovolit?

"Over time, the financial industry has become accustomed to the practice and become complacent of the ratings they rely on so heavily. Some market players seem to have forgotten that the ratings are no more than indicators of default probabilities based on past experiences but were never meant to be guarantees for the future. Along with complacency, there is inertia and sloppiness on the part of investment managers to ask tough questions about the inherent risks of instruments sitting in their portfolios. Once problems take place, as we have seen during the current crisis, fingers are pointed to the rating agencies. The institutional users (e.g., the money managers and financial institutions) of credit ratings should be ultimately accountable to their customers and shareholders and should exercise their own judgment of risk, not just outsource risk assessment duties to the rating agencies."

Who is this guy? He is in charge of Monetary policy in China. You might want to listen.

zdroj ..ale viac tam toho nie je ;)