Can anyone take the responsibility for their own ignorance anymore. Moody’s probably would have given Apple an AAA rating, hmmmm… I just lost 25% of my investment 620. to 465. Should I sue them?
Give me a break. Do your due diligence and if someones ratings/advice turns out to be incorrect use someone else next time.
It is just like always, a bunch of left wing nut libtards looking for someone else to blame for their own failures.
I wonder what kind of credit rating S&P & Moody’s will have after they defend themselves for a couple of years with appeals etc. The attorney’s will be grinning all the way to the bank. In my view, these ratings outfits were supposed to be in the know and they didn’t do their due diligence and dig for good info. I don’t think Best does all that great on rating insurance companies as well since they steadfastedly gave AIG and its lineup A ratings after the $182 Billion bailout.
What would have happened if Moody’s or S & P rated these securities BBB? The Federal Government would have sued them, that’s what. Why does anyone get involved with the government? Oh yea, it’s easy money until things don’t work out and then the U. S. Bully gets even.
Can anyone take the responsibility for their own ignorance anymore. Moody’s probably would have given Apple an AAA rating, hmmmm… I just lost 25% of my investment 620. to 465. Should I sue them?
Give me a break. Do your due diligence and if someones ratings/advice turns out to be incorrect use someone else next time.
It is just like always, a bunch of left wing nut libtards looking for someone else to blame for their own failures.
I wonder what kind of credit rating S&P & Moody’s will have after they defend themselves for a couple of years with appeals etc. The attorney’s will be grinning all the way to the bank. In my view, these ratings outfits were supposed to be in the know and they didn’t do their due diligence and dig for good info. I don’t think Best does all that great on rating insurance companies as well since they steadfastedly gave AIG and its lineup A ratings after the $182 Billion bailout.
What would have happened if Moody’s or S & P rated these securities BBB? The Federal Government would have sued them, that’s what. Why does anyone get involved with the government? Oh yea, it’s easy money until things don’t work out and then the U. S. Bully gets even.