What good is a rating when, out of the clear blue, the company with one of the best ratings overall suddently realizes, and takes it upon itself to announce, that they have taken a huge loss and then the rating bureau, which should have been calculating for these possibilities all along just follows suite. Why have a rating bureau at all if they can’t make financial predictions on worst case senerios in the first place. Oops, I guess the barn door was open all the time, but nobody noticed it until after the horses left.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
No comments posted?
What good is a rating when, out of the clear blue, the company with one of the best ratings overall suddently realizes, and takes it upon itself to announce, that they have taken a huge loss and then the rating bureau, which should have been calculating for these possibilities all along just follows suite. Why have a rating bureau at all if they can’t make financial predictions on worst case senerios in the first place. Oops, I guess the barn door was open all the time, but nobody noticed it until after the horses left.