Don't Try to Fix the Rating-Agency Model: Get Rid of It [View article]
"For corporate ratings, the agencies [sic] track record is good, overall"
I would love to trade with you, tvb, often, and in large volumes. Let's try to go down memory lane (of recent years only) - the Asian Crisis of 1997 (with all the corporates there), or closer to home - Xerox, WorldCom, Enron, Ford & GM - which one of those was well tracked by the NRSROs?
A truly weak piece - for the reasons fxtrader07 correctly notes. Until the situation in the structured finance marketplace, itself the profit engine for S&P, and thus, MHP, is resolved - either via the introduction of new products or otherwise, this is not an investment; rather a (hopeful) shot in the dark.
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Latest | Highest ratedDon't Try to Fix the Rating-Agency Model: Get Rid of It [View article]
I would love to trade with you, tvb, often, and in large volumes. Let's try to go down memory lane (of recent years only) - the Asian Crisis of 1997 (with all the corporates there), or closer to home - Xerox, WorldCom, Enron, Ford & GM - which one of those was well tracked by the NRSROs?
McGraw-Hill Dividend Analysis: Attractively Valued [View article]