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Originally Posted by Butterfly  They are going to "regulate" ratings agency, about fucking time |
Agree. A few shady ratings for clients, and investors often view a good rating from S&P or Moody's, especially, as an inxstant sign of strong financial health. But, I think only about 10 agencies are licensed to give credit ratings right now. Their ratings should only be used as a guide anyway. Most savvy analysts and investors crunch the numbers themselves to check a co's solvency.