3 ms·
Is AAA even meaningful? Shit ratings were a major part of the 2008 meltdown, but we've all collectively decided to ignore that and keep relying on the big three
by andrepd 4y ago
Is AAA even meaningful? Shit ratings were a major part of the 2008 meltdown, but we've all collectively decided to ignore that and keep relying on the big three's Divinely Inspired Appraisal. Sounds odd.
- lazide 4y agoIt is only meaningful in a relative sense - AAA is less likely to be allowed to fail (or maybe actually fail?) than BBb or whatever. Usually.