Ratings Roundup: Reserve National, Alaska Timber, State Farm (NJ)

April 29, 2010

  • April 30, 2010 at 10:28 am
    Jim says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Someone remind me here…What ratings did S&P, Moody’s and A.M. Best give the AIG credit default swaps????? Why did the “savy” investers buy those things to start with??? Was it because of a AAA rating by these agencies? When Enron went down, Arthur Anderson did as well because Enron would have never got away with their stuff if Arthur Anderson had properly exposed Enron for what it was. Why is S&P still here???

Add a Comment

Your email address will not be published. Required fields are marked *