Credit Ratings: Methodologies, Rationale and Default Risk

Rating:
Summary: A Taxonomy of Credit Models
Review: This well edited collection of the most critical and state-of-the-art models in both asset-level and portfolio credit models is a must have for any serious practitioner in the credit markets.
The subjects range from simple loan scoring approaches to complex CDO portfolio rating approaches and span every asset and approach in-between.
An excellent reference for credit risk managers and portfolio managers alike.