Now that the banks and insurance industry have failed, should that be reflected on “their” credit rating?

Should they now pay a higher premium just to conduct their lives?

Now that the banks and insurance industry have failed, should that be reflected on “their” credit rating?
LMAO


This question is awesome.


I wonder what their credit score is now? I'd like to charge them an "annual fee."
Reply:Well, the Moodys/S%26amp;P/Bond ratings will go into the toilet for these institutions. The public financial companies stock will get beaten.


The banks will likely need to pay higher premiums for FDIC insurance.






Reply:The irony is that when the banks did it the Federal reserve lowered their interest rate, great post.