Wasn't a significant contributor to the 2008 crash the fact that the ratings agencies were cooking the data? Obviously different data and utilization, but as e

Wasn't a significant contributor to the 2008 crash the fact that the ratings agencies were cooking the data? Obviously different data and utilization, but as economic models require accurate data to forecast accurately, it could be a cascading effect. https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the...