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WSJ examines how often credit ratings agencies have managed to predict that a country would...

WSJ examines how often credit ratings agencies have managed to predict that a country would default on its bonds, and the results are not impressive. Examples: A year before Russia, Argentina and Jamaica defaulted, credit ratings indicated a low chance for such an event.
Comments (2)
  • Bear Bait
    , contributor
    Comments (659) | Send Message
     
    Could it be a contarian indicator.
    12 Aug 2011, 06:11 PM Reply Like
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    Duh. I wanted to say more, but its so obvious I cannot say anything else and remain civil.
    12 Aug 2011, 06:26 PM Reply Like
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