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Ratings notches: Difference between revisions
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And as in the early part of the millennium, we saw regulatory capital ratios predicated on ratings, meaning anyone who could hoodwink gullible [[rating agency]] professionals with a sophisticated cashflow model could create financial instruments with the potential to detonate the financial markets as we know them. [[CDO|Just as well that never happened]]. | And as in the early part of the millennium, we saw regulatory capital ratios predicated on ratings, meaning anyone who could hoodwink gullible [[rating agency]] professionals with a sophisticated cashflow model could create financial instruments with the potential to detonate the financial markets as we know them. [[CDO|Just as well that never happened]]. | ||
Anyway, here, | {{sa}} | ||
*[[Beware of shorthand]] but [[it’s okay to generalise]] | |||
Anyway, here, with feeling, are the ratings notches. | |||
===S&P=== | ===S&P=== | ||