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Bethany McLean - Enron, FTX, 2008, Musk, Frauds, & Visionaries
Dwarkesh Podcast
Is There a Private Agency That Can Give Fair Evaluations?
I thought you were going to go somewhere different with the rating agencies, which is why in a supposedly free market you have so many investors who rely on credit ratings. And I'm curious if you think that there is any possibility of having any private agency that is being paid by the person they're evaluating being able to give fair evaluations. It can be things like, you know, and now we have the big four accounting firms. Do we think do have we passed through the Arthur Anderson Anderson days? How credible are these institutions?
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