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Paperback The New Masters of Capital Book

ISBN: 0801474914

ISBN13: 9780801474910

The New Masters of Capital

(Part of the Cornell Studies in Political Economy Series)

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Book Overview

In The New Masters of Capital, Timothy J. Sinclair examines a key aspect of the global economy--the rating agencies. In the global economy, trust is formalized in the daily operations of such firms as Moody's and Standard & Poor's, which continuously monitor the financial health of bond-issuers ranging from private corporations to local and national governments. Their judgments affect unimaginably large sums, approximately $30 trillion in...

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