i knew these credit agencys have no business talkin about companies and their credit ratings, these fkn clowns every time they open their mouths, comes out influencing alot of that they have no business commenting openly, that could affect a business going concern...benefits no one but themselves if they wanna make a profit and
read further on...
http://www.theaustralian.com.au/busi...-1226511094742
Investors 'misled by Standard & Poor's rating' as Triple-A deceit caused crisis losses
BY: LEO SHANAHAN From: The Australian November 06, 2012 12:00AM
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GLOBAL ratings agency Standard & Poor's faces a wave of potential litigation after being slammed for engaging in "misleading and deceptive conduct" by assigning its coveted AAA rating to complex and risky financial instruments that contributed to the global financial crisis.
the credit rating agencies are effectively owned by Wall St and paid to produce bogus credit ratings for the Wall St sells.
Just another way the financial system is corrupt and rigged to screw "muppets", as Wall St deNIGRAtes retail and other investors.
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