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Because in credit ratings game, the customer is paying to get their bonds rated. Therefore the customer is always right.
by rchaud 1y ago
Because in credit ratings game, the customer is paying to get their bonds rated. Therefore the customer is always right.
- JumpCrisscross 1y ago> the customer is paying to get their bonds rated. Therefore the customer is always right Then Meta would do this in a wholly-controlled off balance sheet vehicle à la Enron. The fact that they're involving side cars signals some respect for their rating.