Time to downgrade S&P?

The credit rating agencies performed an ill-starred role in the global financial crisis, so it's a mystery as to why anyone still takes them seriously.


I keep hearing people say 'don’t blame the rating agencies'. My first reaction is why not? After due and sober reflection my considered response is why the hell not?


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles