Saturday, 6 August 2011

What Rating would you give to Credit Ratings Agencies?

So, Standard and Poor’s have down-graded the US economy.

Given the fact that the masters of finance seem to have such trouble doing basic sums I wonder what rating ordinary people would give to financial institutions, including the Credit Ratings Agencies.

For me, none of them would include an A or any sort.

What do you think?

No comments:

Post a Comment