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Re: The other shoe drops: Byebye American AAA.. NOT YET!

Posted by Kew Gardens Teleport on Sat Aug 6 07:02:39 2011, in response to Re: The other shoe drops: Byebye American AAA.. NOT YET!, posted by ClearAspect on Fri Aug 5 20:48:31 2011.

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I dispise the ratings systems, it really is counter productive.

I agree with this much of your post. Such companies only spread false rumors, whether they be ridiculously positive about a mortgage-based security not being a crock of shit or ridiculously negative about the USA. We don't need them to tell us the Greek economy is in a mess: any idiot can see that. All these credit rumor agencies achieve is to cause complacency and panic. They are a blight on the economy and should be made illegal.

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