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I believe the OP is putting the agency's credibility into question, which I think is valid, considering their role in the financial crisis. https://en.wikipedi
by ProfessorLayton 9y ago
I believe the OP is putting the agency's credibility into question, which I think is valid, considering their role in the financial crisis.
https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the_subprime_crisis https://en.wikipedia.org/wiki/Credit_rating_agencies_and_the...
- adrenalinelol 9y agoThere was a financial incentive to look the other way. That doesn't exist in this case.
- r00fus 9y agoThey failed their mission to instead chase profits to the detriment of the public. What's to say they don't have a financial incentive here?