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S&P is the same agency that rated AAA mortgage backed securities. not exactly a brain trust over there. my guess is they took this route for publicity. again t
by ejbadger 15y ago
S&P is the same agency that rated AAA mortgage backed securities. not exactly a brain trust over there. my guess is they took this route for publicity.
again the same group that rated a bunch of debt AAA when it was junk. what is their motivation?
- Uchikoma 15y agoSo they rated junk as AAA. Do you imply US bonds are junk because they have been rated until now AAA by the agency?