Money is the name of the game for Rating Agencies, because at the end of the day they are only in this business for commercial reasons. READ : Fitch to withdraw Maybank bond ratings for commercial reasons
Lie for it
Spy for it
Kill for it
Die for it
Spy for it
Kill for it
Die for it
So you call it trust
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money
But I say it's just
In the devil's game
Of greed and lust
They don't care
They'd do me for the money
The moment you stop giving them money, that's when they stop providing information to investors. One wonders what happens then if you give them
more money? READ ; S&P fined US$1.5 billion
And if you think that fine changed them. You are WRONG. READ ; Why credit rating agencies are still getting away with bad behaviour