S&P’s Ratings Are Worthless
Don’t put too much stock in Standard & Poor’s much ballyhooed credit ratings—because they’re astonishingly bad. Nate Silver of the New York Times ran an analysis on S&P’s ratings from five years ago, and found that, had you heeded them, they “would have told you almost nothing about the…
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S&P’s Ratings Are Worthless
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on August 8, 2011. Filed under News, World News.
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