Not that I think Vandie is a bad investment, I have no idea if the bonds are good.
Many of these "ratings" companies gave good ratings to either bad companies or bad investments. From what I understand, at this point it is a gamble to trust ratings. To me it's almost a joke to read some PR info about good ratings right now.
Not that I think Vandie is a bad investment, I have no idea if the bonds are good.
ReplyDeleteMany of these "ratings" companies gave good ratings to either bad companies or bad investments. From what I understand, at this point it is a gamble to trust ratings. To me it's almost a joke to read some PR info about good ratings right now.