Came here to post this quote. I don't understand how you would base your decisions on ratings agencies after what happened in 2008 and the fact that the incenti

Came here to post this quote. I don't understand how you would base your decisions on ratings agencies after what happened in 2008 and the fact that the incentives are still totally misaligned. The person quoted seems to indicate "investors" in this case means institutional funds as well, which is just frightening. Hope they can do their job otherwise this will go from big loss-causing mistake to contagion.