>Sure, AAA really was more about the label than actual benefit. AAA is not just a label. It's about being allowed to sell to unsophisticated buyers who can't t

>Sure, AAA really was more about the label than actual benefit. AAA is not just a label. It's about being allowed to sell to unsophisticated buyers who can't tell that you're taking them for a ride. It's also about being able to use the asset to count towards your capital reserves, so you can take more risk (as a bank) and get higher profits.