Post: But then again
But then again →
Posted Wednesday 9th July 2008 13:25 GMT
In US and EC line up to kick credit ratings agencies
But then again if you read S&P's ratings on that certain recent failed Wall Street Wanker and then down load the Wanker's annual SEC report from 1999 to 2006 it is quite obvious serious flaws exist within the model they use and even the failed ENRON was highly overrated in it's last five years of corporate life as well !
The bulk of the magazine ones are quite superficial and lack any real depth in a street where both greed and insider trading rule the roost awaiting for the suckers lured by the illusion of high returns beat a path to the front door are fleeced absolutely !
The wise ones subscribe to a number of expensive private list exclusive agency reports which do an in depth report of all targeted companies on demand and apply occam's razor to remove much of the wall of absolute verbal garbage that this street generates for the mass media propaganda spin merchants that have risen to new heights of absurdity since Chairman Ronnie in the eighties !
The old old story of this street has been basically buyer beware since it's first creation of the infamous put call option of buying and selling that which you do not own !
