VOL. XLNo. 93-March-1997LEBANONLebanon Receives Sovereign Rating From Four AgenciesLebanon once again proved itself a leader in the Middle Eastern financialsophistication stakes by obtaining not just one or two, but four, sovereigncredit ratings. The advantage of this, albeit more expensive, approachis that the subject country is almost bound to garner a range of assessmentswhich then serve to obfuscate the issues involved and allow it to playone agency off another. Lebanon is a case in...