• Gold Money
    05/26/2016 - 14:27
    Here’s a question that might have you pondering: Is gold a commodity? More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly...

Junk In, Investment Grade Out: FAQs About Credit Rating Agencies

Benjamin N. Dover III's picture




 
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Mon, 11/16/2009 - 19:43 | 132494 sterlinger
sterlinger's picture

As the old adage goes:  if it ain’t "fixed", it ain’t worth the risk

Mon, 11/16/2009 - 19:53 | 132502 Rainman
Rainman's picture

Very good...hahaha.....post of the day !!

Mon, 11/16/2009 - 14:41 | 132068 Anonymous
Anonymous's picture

triple A commentary as I would rate

Mon, 11/16/2009 - 14:29 | 132047 Anonymous
Anonymous's picture

triple A commentary as I would rate

Mon, 11/16/2009 - 03:33 | 131556 Hephasteus
Hephasteus's picture

I'm very disappointed in you Mr. Dover. You're supposed to stare into the abyss. Have it stare back at you and then find a good way to manipulate you. You're not supposed to logic bomb the hell out of the abyss and make trouble for the justification systems of our feudal overlords. This is going on your permanent record.

Mon, 11/16/2009 - 14:01 | 131999 Cistercian
Cistercian's picture

 Oh Yes.Mr. Dover is poking out of the flow with this one.There will be repercussions for his treachery.

Mon, 11/16/2009 - 02:27 | 131538 primus
primus's picture

"Since paper is a renewable resource, there’s no chance that the US will ever default"

+ ∞!!!

Mon, 11/16/2009 - 01:43 | 131522 Anonymous
Anonymous's picture

proving again the value of zero hedge, and that the MSM has zero EDGE, baby, yea.

Mon, 11/16/2009 - 00:23 | 131487 Anonymous
Anonymous's picture

AAAA commentary....it all good baby...

Mon, 11/16/2009 - 00:10 | 131479 Daedal
Daedal's picture

Outrageously brilliant!

Sun, 11/15/2009 - 23:25 | 131451 tom a taxpayer
tom a taxpayer's picture

Ben - Thank for for the hilarious take on the outrageous CRAs and outrageous regulators and congressional snoozers. This flagrant fraud makes me screaming mad; your touches of humor took the edge off the pain.

Thank goodness for Judge Scheindlin refusing to put up with the nonsense spouted by CRAs. I hope the institutional investors recover every penny from these irresponsible CRAs; and I hope state and federal prosecutors are the next to close in on the CRAs.  Now might be a good time for the CRAs to rate the federal and state prisons in which they may end up serving hard time.

Sun, 11/15/2009 - 23:04 | 131443 Anonymous
Anonymous's picture

Perfect.

Except I'd have gone with "If it can't be fixed, don't break it".

Sun, 11/15/2009 - 22:06 | 131412 berated
berated's picture

Nicely done, Ben. It all makes perfect sense now....

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