Nici Moody’s, nici S&P: Care a fost prima agenție de rating atotputernică?

Lewis Tappan, a New York merchant, founded the first credit rating agency in 1841 after recognizing the need for reliable client information. His innovative system transformed commercial reputation into a monetized service, laying the groundwork for modern credit reporting. Tappan's agency, which evolved into Dun & Bradstreet, provided detailed evaluations of businesses' creditworthiness, addressing the growing risks in an expanding economy. By 1843, he had thousands of subscribers, marking a significant shift in how credit information was collected and analyzed, heralding the information age.