01-09-2013, 02:01 PM
(01-09-2013, 12:37 PM)Temperament Wrote: [ -> ]Be careful, "AAA" of anything can change suddenly or downgraded. Think of the CDO Bonds rating in 2008/2009 fiasco.
Yes, the rating agencies are not much different from analysts, who might be very wrong some time.
The rating is a good reference, and shouldn't be the ONLY reference.