I’m sorry but I’m so over these rating “agencies” (like they are some kind of official agent of the government). S&P, Fitch, Best et al totally screwed up in the financial meltdown. You mean to tell us that S&P, Best and Fitch all couldn’t ask a couple of questions of AIG about their finpro book? They didn’t bother to see what could plainly be seen at Goldman, Lehman, B of A, Countrywide? Do any of these rating groups think they have much credibility any longer?
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I’m sorry but I’m so over these rating “agencies” (like they are some kind of official agent of the government). S&P, Fitch, Best et al totally screwed up in the financial meltdown. You mean to tell us that S&P, Best and Fitch all couldn’t ask a couple of questions of AIG about their finpro book? They didn’t bother to see what could plainly be seen at Goldman, Lehman, B of A, Countrywide? Do any of these rating groups think they have much credibility any longer?