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.
I'm not sure what more they could do to give them the cold shoulder that they aren't doing already.
I'm honestly surprised they haven't told us to take a walk already.
Probably because they're afraid and don't have the will to fight the cartels.