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 Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: SG who wrote (109855)9/20/2011 1:17:06 PM
From: Haim R. Branisteanu5 Recommendations  Read Replies (1) of 109991
 
Only wonder what would happen if the EU will start a rating agency. This whole "rating" nonsense, where were the rating agencies during the RE bubble? It is all done to skim money from those issuing debt.

A rating agency would have some weight if they had their skin in the game otherwise they are nothing more than WS analysts who are nothing more than scum

The US is rated single A in China
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