Thursday, June 11, 2015

It's a better quality CCC

News from 2012: S&P DOWNGRADES GREECE

They lost their cherished CCC+!

Does this imply S&P has more than 52,728 grades? Surprising they need that many. But on the other hand, what with the multiple intelligences, our education system could use a grading scale like that.

2 Comments:

Anonymous Anonymous said...

Of course we could look at the AAA+ (or are they the one that uses AAAA) from the summer of 08

11:43 AM, June 11, 2015  
Blogger ColumbusGuy said...

Indeed. It's a little shocking that this isn't standard practice. Perhaps it is.

"The general is well aware that your forecasts are no good. But they are required for planning purposes."

12:52 PM, June 11, 2015  

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