Originally Posted by Arroyo_Doble
The last time they did that, our borrowing costs went down.
I don't think anyone is listening to them anymore. Maybe it was their habit of taking cash for ratings or giving their AAA stamp to toxic, mortgage junk.
A few years ago I lost my ass buying only 5 star rated issues.:mad:
Guess I won't be doing that again. S&P just couldn't seem to find a dot com stock they didn't like.