Please click here to access this special report, authored by Norbert J. Gaillard and Richard J. Michalek.
Norbert Gaillard is an economist and independent consultant (www.norbertgaillard.com). His main areas of expertise are public debt, sovereign risk, country risk, and credit rating agencies. He has written more than 20 research articles and published three books since 2010.
Richard J. Michalek is a New York-based independent legal and financial consultant. He has consulted on a number of complex structured derivative litigation matters, and continues to consult hedge funds, private equity investors and government agencies on matters relating to the rating agencies and their processes.