Thread: A rating for those rating agencies? "Fitch cuts rating for CS among six other banks"
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Old 17.12.2011, 12:25
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flavio flavio is offline
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Re: A rating for those rating agencies? "Fitch cuts rating for CS among six other ban
Quote:
SamWeiseVielleicht
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The main problem with these agencies is that they create positive (destablizing, procyclical) feedback loops when in fact their purpose would be to create negative (stabilizing, anti-cyclical) feedback loops.
I suppose that if war breaks with Iran, you could also argue that reports published by the IAEA drove countries to war.

Would it be better to mute them?
Last edited by flavio; 17.12.2011 at 13:18.
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