Tuesday 20 December 2011

Standard of poor advice from moody Fitch

In my spare time I'm setting up a new ratings agency for those global credit ratings agencies that govern the world. It will assess the ‘worthiness’ of advice from Moodys, Standard and Poor and Fitch taking into account their record of success (or otherwise) over the past decade. I’m still at the conception phase, of course – making a list and checking it twice sort of thing – but I'll be assigning A and B ratings with ‘triple’ plus values for the most accurate and minus values for complete cock-ups by these conglomerates. At this point I would urge caution to anyone contemplating making an investment. Let’s just say, I’m using my ‘dash’ key quite a lot!

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