Altman, Edward I. and Anthony Saunders, “An Analysis and Critique of the BIS Proposal on Capital Adequacy and Ratings,” Journal of Banking and Finance, 25 (January 2001), pp. 25–46.
Bank for International Settlements, Basel Committee on Banking Supervision, “International Convergence of Capital Measurement and Capital Standards,” July 1988.
Bank for International Settlements, Basel Committee on Banking Supervision, “A New Capital Adequacy Framework,” Consultative Paper, June 1999.
Bank for International Settlements, Basel Committee on Banking Supervision, “Credit Ratings and Complementary Sources of Credit Quality Information,” Working Paper No.3, August 2000.
Bank for International Settlements, Basel Committee on Banking Supervision, “Overview of the New Basel Capital Accord,” Consultative Document, January 2001a.
Bank for International Settlements, Basel Committee on Banking Supervision, “The Standardised Approach to Credit Risk,” Supporting Document to the New Base Capital Accord, Consultative Document, January 2001b.
Benston, George J., “Accounting Numbers and Economic Values,” Antitrust Bulletin, 27 (Spring 1982), pp. 161–215.
Calomiris, Charles W and Andrew Powell, “Can Emerging Bank Regulators Establish Credible Discipline? The Case of Argentina, 1992–1999,” Working Paper 7715, National Bureau of Economic Research, May 2000.
Cantor, Richard, “Moody”s Investors Service Response to the Consultative Paper Issued by the Basel Committee on Bank Supervision “A New Capital Adequacy Framework,” Journal of Banking and
Finance, 25 (January 2001), pp. 171–185.
Carlton, Dennis W. and Jeffrey M. Perloff, Modern Industrial Organization, 2nd edition. New York: Harper-Collins, 1994.
Cantor, Richard and Frank Packer, “The Credit Rating Industry,” Journal of Fixed Income, 5 (December 1995), pp. 10–34.
Dun & Bradstreet Corporation, “Information Sheet: The New D&B Corporation; Moody’s Corporation,” September 20, 2000.
Ederington, Louis H., and Jess B. Yawitz, “The Bond Rating Process,” in Edward I. Altman, ed., Handbook of Financial Markets and Institutions, 6th edition. New York: John Wiley & Sons, 1987, pp. 23–1– 23–7.
Federal Reserve System and U.S. Department of the Treasury, “The Feasibility and Desirability of Mandatory Subordinated Debt,” December 2000.
Figlewski, Stephen and Lawrence J. White, “Orange County: Don’t Blame Derivatives,” Stern Business, 1 (Spring 1995), pp. 30–35.
Fisher, Franklin M., “The Misuse of Accounting Rates of Return: Reply,” American Economic Review,74 (June 1984), pp. 509–517.
Fisher, Franklin M. and John J. McGowan, “On the Misuse of Accounting Rates of Return to Infer Monopoly Profits,” American Economic Review, 73 (March 1983), pp. 82–97.
Fridson, Martin S., “Why Do Bond Rating Agencies Exist?” Extra Credit (Merrill Lynch), November/ December 1999.
Griep, Clifford and Michael de Stefano, “Standard & Poor’s Official Response to the Basel Committee’s Proposal,” Journal of Banking and Finance, 25 January 2001), pp. 149–169.
Hickman, W Braddock, Corporate Bond Quality and Investor Experience. Princeton, N.J.: Princeton University Press, 1958.
Jewell, Jeff and Miles Livingston, “A Comparison of Bond Ratings from Moody’s, S&P and Fitch,” Financial
Markets, Institutions, & Instruments, Vol. 8, No.4, August 1999.
Jorion, Philippe, Big Bets Gone Bad: Derivatives and Bankruptcy in Orange County. San Diego: Academic Press, 1995..
Moody’s Investors Service, Inc., “Letter to the U.S. Securities and Exchange Commission,” December 5, 1994.
Moody’s Investors Service, Inc., “Letter to SEC Commissioner Stephen M.H. Wallman,” October 6, 1995.
Moody’s Investors Service, Inc., “Letter to the U.S. Securities and Exchange Commission,” March 2, 1998.
Moody’s Corporation, Annual Report 2000, March 15, 2001.
Partnoy, Frank, “The Siskel and Ebert of Financial Markets: Two Thumbs Down for the Credit Rating Agencies,” Washington University Law Quarterly, 77 No.3 (1999), pp. 619–712.
Pindyk, Robert S. and Daniel L. Rubinfeld, Microeconomics, 5th edn. Upper Saddle River, N.J.: Prentice Hall, 2001.
Scherer, F.M. and David Ross, Industrial Market Structure and Economic Performance. 3rd ed. Boston: Houghton Mifflin, 1990.
Schwarcz, Steven L., “Private Ordering of Public Markets: The Rating Agency Paradox,” University of Illinois
Law Review, 2002 (February 2002), forthcoming.
Scott, Kenneth, “The Dual Banking System: A Model of Competition in Regulation,” Stanford Law
Review,30 (November 1977), pp. 1–50.
Simpson, James B., Simpson’s Contemporary Quotations. Boston: Houghton Mifflin, 1988.
Standard & Poor’s, “Standard & Poor’s Official Response to the Basel Committee’s Proposal,” December 1999.
Sylla, Richard, “A Historical Primer on the Business of Credit Ratings,” presented at the Conference on “The Role of Credit Reporting Systems in the International Economy,” presented at the World Bank, March 1–2,2001 (mimeo).
U.S. Department of Justice, Antitrust Division, “Comments of the United States Department of Justice before the Securities and Exchange Commission,” March 6, 1998.
White, Lawrence J., The S&L Debacle: Public Policy Lessons for Bank and Thrift Regulation. New York: Oxford University Press, 1991a.
White, Lawrence J., “The Value of Market Value Accounting for the Deposit Insurance System,” Journal of Accounting, Auditing, and Finance, 6 (April 1991b), pp. 284–301.
White, Lawrence J., “International Regulation of Securities Markets: Competition or Harmonization?” in A. Lo (ed.), The Industrial Organization and Regulation of Securities Markets, Chicago, University of Chicago Press, 1996a, pp. 207–235.
White, Lawrence J., “Competition versus Harmonization: An Overview of International Regulation of Financial Services,” in Claude Barfield, ed., International Trade in Financial Services. Washington: American Enterprise Institute, 1996b, pp. 5–48.
White, Lawrence J., “Getting a Grip on Capital,” Secondary Mortgage Markets, 15 (July 1998), pp. 1, 54–59.
White, Lawrence J., “Bank Regulation in the U.S.: Lessons from the 1980s and 1990s,”Japan and the World Economy, (forthcoming 2001).
Wilson, Richard S., Corporate Senior Securities: Analysis and Evaluation of Bonds, Convertibles and Preferreds. Chicago: Probus, 1987.