How Companies Earn and Lose the Prized AAA Rating

Back to blog

This is my very first post

I just wanted to make a new thread to introduce myself. My name is Rachel and I stumbled this place through a quick Google and wanted to just say hello. I would prefer to engage in future discussions and look forward to talking with everyone.

My best hobby is http://www.squidoo.com/onlinecomputerrepair101 - computer repair

intinycle of AL @ Aug 21, 2009 23:17:25 PM

howdy

I just felt I needed to break in and say howdy to everyone. I wanted to acquaint me, my name is Sam.

I decided to post today because I feel this place as a whole is very functional and informal place. I love reading all of the topics and posts here and considering that I don't post much, I came to the conclusion to create my very initial thread.

I recently made my very first website and wanted to share it with everyone and get some constructive feedback.

The website is http://computerrepair101.wetpaint.com - computer repair

intinycle of AL @ Aug 12, 2009 07:05:45 AM

Triple AAA Rating

I remember years ago when they rated Washington Public Power Supply System Triple A. Billions of dollars disappeared and the courts said "nobody is responsible" Standard and Poors and Moodys has been ripping people off for decades. If you believe them I have a bridge in Brooklyn I will sell you.

James Amis of FL @ Dec 31, 2008 19:50:25 PM

Lose the AAA rating? The problem was, have you heard, that they didn't. They were giving it away for what -- we can only speculate. Are you targeting this article to little old ladies? I'll never trust a Moody's or S&P rating again myself. I'm surprised they haven't been brought before Congress or worse. Maybe if GE finds out how all those derivatives filled with about to be delinquent loans got their ratings GE can improve their rating too.

Alex Snow of @ Dec 31, 2008 00:48:36 AM

Back to blog

Add Your Thoughts
About You

New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

advertisement

Subscribe

U.S. News Digital Weekly

A weekly insider's guide to politics and policy — in a multimedia, digital format. 52 issues for $19.95!

U.S. News & World Report

6 months of U.S. News & World Report's print edition for only $15. Save up to 67% off the cover price!