I THOUGHT THAT S&P’s AAA RATING OF PACKAGED DERIVATIVES midwifed the Crisis. So I am perplexed why they are still in the Opinion business, rating counties and castles and kings, not to mention companies. If any of us had made such monumental blunders, if they were blunders, at the least we would be out of a job, or worse, facing criminal charges.
http://m.economictimes.com/news/international-business/astrazenecas-new-strategy-gets-thumbs-down-from-sp/articleshow/19446758.cms
linkedin post 2022-06-29 05:12:48
Nigel Fleming
September 21, 2022